Ipsos first-quarter 2009 revenues came to 207.3 million euros, down 4.6% compared with the same period of 2008. The three components of this development were:
Negative organic growth of 5.1%.
Negative currency effects of 2.3% as the rise in the dollar, yen and yuan against the euro did not totally offset the fall in the pound sterling (-16%) and the equivalent fall of the currencies of the major emerging markets such as Russia, Turkey, Brazil and Mexico.
Positive consolidation effects of 2.8% due to the consolidation since 1 January 2009 of Punto de Vista, leader in customer relationship management in Chile, as well as acquisitions made during 2008.