Foreign exchange rates dampen Nielsen’s second quarter
Its consumer research arm, Buy, was down 2.5% to $849m (up 3.4% constant currency), while its media research segment, Watch, was up 2.3% to $498m ( 4% constant currency), with 4.7% growth in TV audience measurement being partially offset by negative foreign exchange effects. Expositions revenue was $38m.
Buy operating income was $110m, down $1m on a year ago, while Watch was up from $118m to $134m.
Nielsen CEO David Calhoun described the results, for the three months ended 30 June, as “solid”.
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