'Buy' Division Leads 6% Nielsen Growth in 2011

Nielsen has reported good growth and profit with full year 2011 revenues up 8% (6% at constant currencies) to $5.53bn and adjusted EBITDA up 10% (8%) to $1.546 bn.

Adjusted Net Income for the year increased more than doubled to $590m (2010: $266m), although net income fell from $132m to $86m. Adjusted Net Income per share was $1.61 compared to $0.95 in 2010. Revenue for research divisions Buy and Watch rose by 7% and 4% respectively.

Fourth quarter revenues rose to $1,421 m, up 5% at constant currencies, while adjusted EBITDA rose 9% to $432m. Revenue for Buy and Watch rose by 5% and 3% respectively.

The 2011 results included charges associated with the IPO of $206 million. CEO David Calhoun summed up: 'Nielsen delivered solid fourth quarter results, with double-digit growth in developing markets and steady gains in all other regions. We feel great about our first year as a public company and look forward to achieving continued progress in 2012.'

Home page: www.nielsen.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.

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