Market research and information group, Taylor Nelson Sofres (TNS), this morning said that it expects its underlying improvement in turnover in 2001 to be slightly ahead of market growth – generally estimated to be 5%. This performance is being driven by an above market growth in the company’s European business, although the UK and France were hit by continued under-performance in non-market information businesses.
Chief Executive, Mike Kirkham said that the group performed well against a ‘difficult economic backdrop’ and described the ‘resilience’ TNS gains from its global network and wide spread of activities.
“As the fundamental drivers for industry growth remain robust, our market still continues to increase and we expect to achieve anticipated levels of turnover improvement in 2002,” he added.
Taylor Nelson Sofres releases its preliminary results on 18 March 2002.
