The following is a summary of the Ipsos SA (IPSOF) Q1 2024 Earnings Call Transcript:
Financial Performance:
Ipsos reported a Q1 growth of 4.8% with a revenue of €558 million, driven by 4.5% organic growth and a 2.7% scope effect due to acquisitions.
The company demonstrated strong performance primarily in EMEA and Asia Pacific with organic growth of 10% and 9% respectively, despite a 3% decline in the Americas.
Business Progress:
The company made significant strides in generative AI applications, launched 12 new products and solutions throughout the year, and developed an AI maturity model.
Despite difficulties in the U.S. market, they aim to improve performance with a new country manager and organizational structure.
New services focusing on innovation, brand tracking, market positioning, and qualitative studies have been launched, experiencing organic growth of 15% in Q1.
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.