NEWS28 April 2011

Nielsen posts 8.9% growth in first-quarter revenue

Financials North America

US— Nielsen’s first quarter results show revenue up 8.9% to $1.3bn, but with a $181m loss for the period due to $206m of costs related to the company’s initial public offering (IPO) in January.

Its consumer purchase data arm grew 9.8% to $815m, with operating income up $2m year-on-year to $64m.

Media measurement revenue increased 6.4% to $431m and operating income rose 15% to $82m.

Nielsen raised $1.75bn through its IPO and an accompanying bond offering, with the money used to pay down debt.

The company’s CEO David Calhoun (pictured) said the Q1 results showed “solid operating and financial performance”.