Half Year 2020 Ipsos SA Earnings Call Transcript

Jul 23, 2020 / 06:30AM GMT
Didier Truchot - Ipsos SA - Founder, Chairman, CEO & Member of Management Board

Ladies and gentlemen, good morning. I'm going to start the presentation of our 2020 first half results and give you the context in which we're working at the moment. Then I will give the floor to Laurence Stoclet, who will end my presentation, and she will also give you some indications on our prospects and forecast for 2020, what our assessment is on the overall year.

First, an overview of the first half of the year. The basis on which we're working is EUR 2 billion revenue in 2019, which we've reached, for the first time, this figure of EUR 2 billion with strong organic growth in the last quarter, 5.6%, which was the result of the efforts we had started in 2018 to change our organization, make it closer to our customers and also closer to the markets mid-March 2020. And despite the important difficulties we came across in China and other Asian markets that were struck by COVID as early as January, the lockdown in Hubei started on January 25. Despite difficult situations in some Asian markets, our order book had

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