Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Euronext Paris  >  Ipsos    IPS   FR0000073298

IPSOS (IPS)
Mes dernières consult.
Most popular
Report
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Ipsos : Cairo orders closure of research firm Ipsos's office in Egypt

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/16/2017 | 06:11pm CET

Egypt's Manpower Ministry ordered the closure of leading market research firm Ipsos's business in the country, citing workplace health and safety violations, a ministry decree dated June 20 showed.

The decree was made public by local media late on Saturday. The spokesman confirmed its authenticity to Reuters. He said Cairo local authorities had not yet carried out the order.

"As of June 20, 2017, Ipsos Egypt for Consulting Services is to be shut down completely for not carrying out a natural disasters assessment and not making a contingency plan to protect the building and employees in case of a disaster," stated the decree.

Ipsos, a global market research firm headquartered in France, conducts audience research on Egyptian television networks and provides the results to advertisers.

Egypt's Interior Ministry last year warned citizens against taking part in surveys conducted by foreign media organisations, saying it was a threat to national security.

An Ipsos official in Egypt who spoke on condition of anonymity confirmed the closure order on Sunday but said the company would not comment publicly on the matter.

"What I can tell you is we have no work safety violations whatsoever, these are all false claims," he told Reuters.

Ipsos officials in France were not immediately available for comment.

The company had been criticised by pro-government talk show hosts and state-aligned newspapers, which accuse it of sympathising with the outlawed Muslim Brotherhood, links to foreign intelligence agencies, labour law violations and tax evasion, all of which it denies.

The media organisations say Ipsos misrepresents their ratings, showing them to be lower for political reasons, which the company denies. In parliament last month, MPs in the pro-government majority coalition called Ipsos reports biased.

(Reporting by Ahmed Aboulenein; Additional reporting by Mathieu Rosemain in Paris; Editing by Susan Thomas)

By Ahmed Aboulenein

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on IPSOS
04:42p IPSOS : Centre right to take north,PD centre,M5S Lazio-Sicily-IPSOS
01/11 IPSOS : Lifeng Liu was Selected in "Most Viewed CEOs on LinkedIn in China for 20..
01/08 IPSOS : South Africans a miserable lot, says research
01/08 IPSOS : Only 19 pct of Czechs know smart city concept - survey
01/05 IPSOS : Move Over, Millennials; Older Consumers Warming to Healthy Animal Fats, ..
01/04 IPSOS : Move Over, Millennials; Older Consumers Warming to Healthy Animal Fats, ..
2017 IPSOS : Future Generation of Business Leaders Not Excited About 'America First'
2017 IPSOS : UK Civil Aviation Authority Consumer Tracker
2017 IPSOS : 70% women ready to drive
2017 IPSOS : ANC needs to watch the polls
More news
News from SeekingAlpha
2017 IPSOS reports Q3 results
2017 Ipsos (IPSOF) Investor Presentation - Slideshow
2017 Ipsos (IPSOF) Investor Presentation - Slideshow
2017 IPSOS reports Q1 results
2017 IPSOS reports FY results
Financials (€)
Sales 2017 1 787 M
EBIT 2017 172 M
Net income 2017 108 M
Debt 2017 462 M
Yield 2017 2,66%
P/E ratio 2017 13,92
P/E ratio 2018 12,66
EV / Sales 2017 1,08x
EV / Sales 2018 1,02x
Capitalization 1 475 M
Chart IPSOS
Duration : Period :
Ipsos Technical Analysis Chart | IPS | FR0000073298 | 4-Traders
Technical analysis trends IPSOS
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 7
Average target price 37,5 €
Spread / Average Target 13%
EPS Revisions
Managers
NameTitle
Didier Truchot Chairman, President & Chief Executive Officer
Laurence Stoclet Chief Financial Officer, Director & Deputy CEO
Neville Rademeyer Global Chief Information Officer
Henry Letulle Director
Patrick Artus Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
IPSOS8.14%1 809
WPP GROUP2.39%24 246
OMNICOM GROUP3.67%17 525
PUBLICIS GROUPE1.82%16 288
NIELSEN HOLDINGS PLC0.44%13 022
JCDECAUX6.65%9 340