The FINANCIAL — Nuremburg, May 16, 2011 – With a strong first quarter, in the 2011 financial year the GfK Group continued down the growth track of the previous year.
In the first three months of 2011, it achieved a considerable upturn in sales and income year-on-year.
In the first quarter of 2011, the GfK Group remained on the growth track. Consolidated sales moved up by 10.4% to EUR 310.2 million. Organic growth at 8.0% is higher than the relevant competitors. The margin improved from 9.0% in the first quarter of the previous year to 9.8%. This positive business development was carried by the Custom Research and Retail and Technology sectors, which considerably improved on sales and income year-on-year.
"GfK started successfully into the new financial year. The first three months have shown that our growth is established on a sound and solid basis. We are confident of achieving the aims we have set for 2011,” stated Professor Dr. Klaus L. Wübbenhorst, Chief Executive Office of the GfK Group.
Source: GfK Group