Nielsen Continues 'Solid' Progress

Nielsen has announced good results for the quarter ended September 30th, including revenues up 10% (6% at constant currencies) to $1,413m, and adjusted EBITDA up 7% in real terms, at $408m.

Q3 revenue growth in the firm's Buy segment was an impressive 12% (7% on a constant currency basis), and in the Watch segment a more ordinary 6% (4%). Overall, CEO David Calhoun said the results showed 'solid revenue growth and operating performance'.

Reported net income leapt to $103m from just $11m the previous year, while after adjustments the rise was from $83m to $181m.

For the first nine months of the year, revenues were up 6% (constant currencies) to $4.1bn, with Buy (7%) outstripping Watch (3%); while adjusted EBITDA increased 7% to $1.1bn. Due to charges relating to the recent IPO, the company made a net loss of $9m compared to net income of $128m in 9 months last year, but after adjustments Nielsen says net income was up from $167m to $400m.

Nielsen has headquarters in New York, USA and Diemen, the Netherlands, and is online at www.nielsen.com .