Report
Pierre François Merveille

Ipsos : An attractive entry point

After an excellent start to 2020, Covid-19 and related lockdown restrictions halted the momentum fuelled by the implementation of the Total Understanding plan. The group saw a brutal decline in activity from mid-March, which hit a low point in April (60% fall in net orders) before picking up in May (-15%). As a result, business slumped by more than 10% in the first five months of the year and we believe Ipsos could see its sales tumble by 8% and its operating margin shrink by 190...
Underlying
Ipsos SA

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
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Pierre François Merveille

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