Nielsen Q4 Revs Up 11.8% With Addition Of Arbitron
February 13, 2014 at 5:27 AM (PT)
NIELSEN HOLDINGS N.V. has released financial results for the fourth quarter ended DECEMBER 31st, 2013.
“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,” said CEO MITCH BARNS.
Revenues for the fourth quarter increased 11.8% to $1,611 million, or 13.1% on a constant currency basis compared to the fourth quarter of 2012. Excluding the impact of the ARBITRON acquisition, revenues increased 2.5%, or 3.7% on a constant currency basis. The Buy segment grew 0.9%, a 2.5% increase on a constant currency basis, to $903 million, driven in large part by a 9.2% increase in developing market revenues on a constant currency basis.
Revenues within the Watch segment increased 29.7%, or 30.4% on a constant currency basis, to $708 million. Excluding the impact of the ARBITRON acquisition, Watch revenues increased 5.1%, or 5.7% on a constant currency basis, driven by mid-single digit growth in audience measurement as well as double-digit growth in Advertiser Solutions.
Adjusted EBITDA for the fourth quarter increased 12.1% to $508 million, or 14.2% on a constant currency basis compared to the fourth quarter of 2012.