Report
Mohamed Mansour (IDMidCaps)

Ipsos - Despite the sales warning, risk/reward is very attractive

Slight downward revision of annual organic growth guidance (+3/4% vs. +5%)Slight downward revision of annual organic growth guidance (+3/4% vs. +5%)We already had a forecast in line with the new guidanceIn our opinion, the current valuation already incorporates a scenario of sharp deterioration in profitability, even though the 2023 margin target has been confirmed.The risk /reward seems very attractive.BUY opinion confirmed
Underlying
IPSOS

Ipsos is an independent survey-based research group based in France. Co. focuses exclusively on the production, interpretation, and distribution of information gathered from individuals about their views, desires, attitudes, and behaviors. It uses two principal methods of survey-based research: Quantitative research and Qualitative research. Co. organizes its business around six areas of specialization: Advertising Research; Marketing Research; Media Research; Opinion and Social Research; and Customer Relationship/Management Research. In addition, it divides its operations into five geographical areas: Europe, North America, Latin America, Asia-Pacific, and Middle East.

Provider
Degroof Petercam
Degroof Petercam

​We are an investment house with Belgian roots founded on more than 150 years of trust.

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Analysts
Mohamed Mansour (IDMidCaps)

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