Ipsos SA (IPSOF) Q2 2026 Earnings Call Transcript

Good morning, and thank you for attending this presentation of the half year results. We'll tell you about our main figures and achievements for the half year as well as the ramp-up of some of the initiatives taken as part of the Horizons program and then the outlook for the rest of the year. We will take a look at some of the key figures. Olivier Champourlier, our CFO, will give you more details about that. Then we'll move on to recent developments with the Horizons program and then the outlook for 2026. And so let's start with the main lessons learned from the half year. Our revenue for Q2 stands at EUR 615 million. So that's a total growth of 4.9% compared with minus 2.4% in Q1 of last year. And then if we look at organic growth, and I don't know if you attended previous sessions, but that is indeed the main criteria that makes all the difference, the differentiating factors, our service compared to others is organic growth in 3% to be compared with minus 1.4% in Q1. And so this -- we are returning to growth, but what is noteworthy, and Olivier will tell you more about that. If you look at all 3 geographical areas, the Americas, EMEA and Asia Pacific and indeed, in the main -- the 4 main audiences, we are growing on all 4 fronts, and that's the first time since -- ever since I've been here, at least