Nielsen has reported a 5.5% increase in annual revenue to $5.7 billion. Media measurement arm 'Watch', enlarged by the Arbitron buy, saw revenue rise 11.2%, compared with 1.9% growth in the consumer research 'Buy' division.Total fourth quarter revenue was up 11.8% to $1.6 billion.
Excluding the firm's $1.3 billion acquisition of ratings giant Arbitron, Nielsen's Q4 revenue increased 2.5% and full-year revenue was up 3%. Adjusted net income for the fourth quarter increased 16.1% to $274m.
CEO Mitch Barns (pictured) commented: 'Nielsen's fourth quarter results reflect solid momentum in both our Buy and Watch businesses as we continue to invest and drive value for our clients. I'm confident our steady and consistent growth will continue in 2014 and beyond, driving long-term shareholder value.'
For 2013, income from continuing operations increased 78.1% to $431m, while adjusted net income was up 21.3% to $770m.
Web site: 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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