Kantar announces record Q1 revenue

UK – Revenues at Kantar have hit a record high of $911m in the first quarter of 2022, according to the firm’s latest financial results.

Skyscrapers

The results, which cover the first three months of 2022, show that revenue rose 6% year-on-year, with five of Kantar’s six divisions growing their revenue based on 2021’s figures.

However, Kantar’s operating loss rose to $60m from $42m in the same quarter in 2021, which the company blamed on events in Ukraine and Kantar’s suspension of its Russia operation, and also higher amortisation related to Numerator, which was purchased by Kantar last year.

Adjusted earnings before interest, taxes and amortisation (EBITA) margin was at 15.8% versus 14.5% in the first quarter of 2021 and are almost double that seen in the first quarter of 2019.

The latest quarter has also seen the proposed sale of Kantar Public and the acquisitions of artificial intelligence and analytics firms in Blackwood Seven and Qmee.

Chris Jansen, chief executive at Kantar, said: “We carried 2021’s momentum in to the first quarter of 2022. Top line results, with growth in all our core businesses, illustrates the value our clients find in partnering with us.

“This is a strong start to the year. We remain firmly on the path to making Kantar a much more focused, agile business increasingly capable of delivering better, differentiated solutions for our clients.”

We hope you enjoyed this article.
Research Live is published by MRS.

The Market Research Society (MRS) exists to promote and protect the research sector, showcasing how research delivers impact for businesses and government.

Members of MRS enjoy many benefits including tailoured policy guidance, discounts on training and conferences, and access to member-only content.

For example, there's an archive of winning case studies from over a decade of MRS Awards.

Find out more about the benefits of joining MRS here.

0 Comments


Display name

Email

Join the discussion

Newsletter
Stay connected with the latest insights and trends...
Sign Up
Latest From MRS

Our latest training courses

Our new 2025 training programme is now launched as part of the development offered within the MRS Global Insight Academy

See all training

Specialist conferences

Our one-day conferences cover topics including CX and UX, Semiotics, B2B, Finance, AI and Leaders' Forums.

See all conferences

MRS reports on AI

MRS has published a three-part series on how generative AI is impacting the research sector, including synthetic respondents and challenges to adoption.

See the reports

Progress faster...
with MRS 
membership

Mentoring

CPD/recognition

Webinars

Codeline

Discounts