Strong annual results, upbeat outlook fuel Ipsos shares

Ipsos SA

27/02/2025 08:45

** Shares of Ipsos ISOS.PA are up 10.8% after the French polling giant reported an annual revenue growth and forecast a gradual improvement in business growth for 2025

** FY revenue stands at 2.44 billion euros ($2.56 billion), up 1.3% organically; 2025 organic growth is expected to raise year-on-year, with an operating margin of around 13%

** "Solid publication, in line with our expectations knowing we were above consensus," Portzamparc says

** These earnings are further proof of Ipsos' ability to maintain margins, even in constrained environments, Portzamparc added

** Sarah Thirion from Midcap expects Ipsos to benefit from easier base effects, particularly in H2, and to recover in the United States following the change in management

** In a separate statement on Wednesday Ipsos announced acquisition of Ipec in Brazil

** The target company's metrics and financial elements of the transaction are not specified, Portzamparc points out

** If gains hold, Ipsos shares will track their largest single daily rise since Oct. 2020

($1 = 0.9545 euros)

 (Reporting by Gianluca Lo Nostro)

 ((gianluca.lonostro@thomsonreuters.com;))