The Arbitron acquisition boosted revenues.   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. Information services revenue grew 1.0% on a constant currency basis, as increased demand for retail measurement in the developing markets was partially offset by ongoing softness in Europe and the year-over-year Walmart comparable. The Insights services business grew 7.4%, on a constant currency basis, driven primarily by broad based strength in the developing regions.
  • 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. In addition to the favorable impact from the Arbitron acquisition, we continue to see the benefits of productivity efforts.

Income from continuing operations for the fourth quarter increased 269.8% to $159 million, or 318.4% on a constant currency basis, compared to the fourth quarter of 2012. Income from continuing operations per share, on a diluted basis, was $0.41 compared to $0.13 in the fourth quarter of 2012.

“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 Mitch Barns, Chief Executive Officer of Nielsen.

Revenues for the Full Year 2013 increased 5.5% to $5,703 million, or 6.4% on a constant currency basis, compared to the full year 2012.  Excluding the impact of the Arbitron acquisition, revenues increased 3.0%, or 3.9% on a constant currency basis.

  • Our revenue performance was driven by a 1.9% increase within our Buy segment (3.1% increase on a constant currency basis), and
  • a 11.2% increase within our Watch segment (11.7% on a constant currency basis).
  • Excluding the impact of the Arbitron acquisition, our Watch revenues increased 4.7%, or 5.2% on a constant currency basis.

Adjusted EBITDA for the full year 2013 increased 7.5% to $1,617 million, or 8.7% on a constant currency basis, compared to the full year 2012.

Income from continuing operations for the full year 2013 increased 78.1% to $431 million, or 85.0% on a constant currency basis, compared to the full year 2012. Income from continuing operations per share, on a diluted basis, was $1.14 compared to $0.66 in the full year 2012.

Adjusted Net Income for the full year 2013 increased 21.3% to $770 million, or 23.4% on a constant currency basis, compared to the full year 2012. Adjusted Net Income per share on a diluted basis was $2.02 compared to $1.69 in the full year 2012.

Source: Nielsen Press Release