Global market research group, Ipsos, reported a 13% decline in revenue in the first half of the year to €786 million.
Following a performance in the first three months of the year which was described as 'flat', the group was heavily impacted by the coronavirus pandemic in the second quarter.
Sales were down across the three major regions that Ipsos typically tracks; Asia-Pacific, Americas and the Europe, Middle East and Africa region (EMEA).
Asia-Pacific suffered the highest year-on-year fall.
It had already been impacted at the start of the year, unlike EMEA and the Americas regions, which, despite already seeing difficulties in March, had seen some growth in the first quarter.
The group said, despite the hit to revenue, it continued to see sustained demand and, in some markets, very strong demand for engagement with patients and citizens around issues related to Covid-19.
Ipsos reported adjusted net profit for the half year of €12.8 million, a reduction of over 50% on the €29.4 million reported in the same six month period in 2019.
