Ipsos SA (XPAR:IPS)
€ 65.55 0.45 (0.69%) Market Cap: 2.81 Bil Enterprise Value: 3.06 Bil PE Ratio: 18.13 PB Ratio: 1.99 GF Score: 90/100

Q1 2023 Ipsos SA Earnings Call Transcript

Apr 20, 2023 / 04:00PM GMT
Release Date Price: €55.05 (-0.90%)
Operator

Good evening, everyone, and welcome to Ipsos 2023 First Quarter Results. This conference call will be hosted by Mr. Ben Page, CEO of the Group; and Mr. Dan Levy, CFO of the Group. As a reminder, this call being recorded.

(Operator Instructions) I would now like to turn the call over to Mr. Ben Page. Please go ahead, sir.

Ben Page
Ipsos SA - CEO, Member of Management Board & Director

Thank you very much, Ben. So I'm Ben Page, the CEO, and it's great to be here to talk you through our Q1 results.

I think before we get into the detail, I think it's just very important to remember what I said back on the 15th of February when we released the full year 2022 results, and that is that the path of revenue recognition during 2023 at Ipsos will be completely different to 2022, and that is, of course, what we are now seeing.

So let's just look at the numbers. We have positive momentum but negative revenue at this point. So first of all, we have EUR 532 million of revenue. That is the second highest figure that Ipsos has ever achieved. But

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