Nielsen Reports Good Quarter after Buys
Nielsen has reported a 15% increase in second quarter 2014 revenue to $1.59bn - excluding acquisitions the figure was still a very respectable 4.4%. Q2 profit fell to $76m from $426m due to fees for re-financing long-term debt, but Adjusted EBITDA was up 16.2% to $460m.
Nielsen's Buy segment, which analyzes consumer purchase behavior, posted a 6.6% revenue rise to $900m, while the Watch media research business, which now includes Arbitron rebranded as Nielsen Audio, saw revenue climb 28% to $694m.
Nielsen said Information Services revenue was up 5%, while Insights revenue increased 17.9%, excluding the impact of the Harris Interactive acquisition.
CEO Mitch Barns (pictured) comments: 'Our second quarter results reflect the underlying strength of our Buy and Watch businesses, the successful integration of Arbitron and our steady and consistent business model. We continue to extend our leadership positions in both retail and audience measurement with meaningful innovation and great execution.'
Web site: www.nielsen.com .