Nielsen Q1 Revs Down 7%
May 15, 2009 at 5:29 AM (PT)
THE NIELSEN COMPANY B.V. has announced its financial results for the quarter ended MARCH 31, 2009.
Reported revenues for the quarter were $1,133 million, a decrease of 7% over reported revenues for the three months ended MARCH 31, 2008 of $1,214 million. Excluding the impact of currency fluctuations, revenues for the three months increased 1%.
Reported operating income for the three months ended MARCH 31, 2009 was $109 million compared to $115 million for the three months ended MARCH 31, 2008. These results were negatively impacted by $5 million and $7 million, respectively, of charges relating to restructuring costs. Adjusting for these items, operating income, on a constant currency basis, increased 1%.
As of MARCH 31, 2009, total debt was $8,576 million, and cash balances were $410 million. Capital expenditures were $64 million for the quarter, compared with $69 million for the three months ended MARCH 31, 2008.