Nielsen Third-Quarter Revenues Rise

Q3

NIELSEN HOLDINGS PLC third-quarter revenue rose 4.5% (3.6% on a constant currency basis) to $1.641 billion, with Watch segment revenue up 10.1% (9.7% on a constant currency basis) to $838 million (up 2.4% excluding the acquisition of GRACENOTE), and Buy segment revenues off 0.7% (2.1% on a constant currency basis) to $803 million. Net income increased 12.3% (8.1% on a constant currency basis) to $146 million (41 cents/diluted share).

“Once again, our results reflect revenue growth and margin expansion in a challenging environment. Our Watch business delivered broad-based growth, highlighted by a strong quarter in Audience Measurement of Video and Text and Marketing Effectiveness. In our Buy Segment, revenue remains soft as a result of the challenging fast moving consumer goods environment in the U.S. However, growth and margins continue to improve in the emerging markets,” said CEO MITCH BARNS.  “In Watch, Total Audience remains our priority as we drive adoption and arm our clients with the critical tools and data they need. Within our Buy business, we continue to invest behind the Connected System, coverage, and granularity. Overall, we remain focused on investing and innovating for growth and efficiency across our company.”

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