Ipsos slips after another FY growth outlook cut

Ipsos SA

23/10/2026 08:38

** Shares in Ipsos ISOS.PA fall 4.6% after the French market research group cuts its FY outlook again
** Ipsos eyes FY organic growth of 1.2%-1.5% (prev.: around 2%)
** TP ICAP Midcap says new CEO Kelly Beaver had every interest in cutting guidance now, blaming legacy issues and resetting a low base easier to beat in 2027
** Four leaders in five years is "the symptom of a structural problem", the broker says, adding that generative AI threatens the traditional market research model
** Ipsos cites an uncertain economic and geopolitical backdrop, including the impact of the conflict in the Middle East on its business in the region

(Reporting by Nathan Vifflin in Gdansk)
((nathan.vifflin@thomsonreuters.com; gdansk.newsroom@thomsonreuters.com; +48 58 769 67 13;))