Nielsen Revenue Continues Real-Terms Rise

Nielsen has reported second quarter revenues of $1,559m, down 2.2% in dollars but up 4.8% on a constant currency basis, compared with the second quarter of 2014.

Revenues were $852m within the Buy consumer purchase data unit, up 4.8% at constant currency - this was the net result of 9.3% growth in emerging markets and 2.8% in developed markets. In the Watch media measurement arm, revenues were $707m, up 4.7% at constant currency, driven by continued strength in the firm's Audience Measurement and Marketing Effectiveness businesses, which grew 5.1% and 21.7% respectively.

Overall for the group, Adjusted EBITDA increased 1.7% to $468m, or 7.3% on a constant currency basis compared to the second quarter of 2014. Income from continuing operations was up 52.6% to $116m, an increase of 103.5% on a constant currency basis; and Adjusted Net Income for the second quarter rose 2.5% to $246m, or 10.3% on a constant currency basis.

CEO Mitch Barns (pictured) comments: 'Nielsen's second quarter was marked with notable accomplishments which fuelled 4.8% constant currency revenue growth and margin expansion across both our Buy and Watch segments. In addition to executing upon our key initiatives, unlocking incremental value for our shareholders also remains a priority. Our strong free cash flow generation helps us achieve this by enabling consistent investment within our own business alongside a growing dividend and a robust share repurchase program'.

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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