NEWS28 October 2010
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NEWS28 October 2010
US— A severe power outage at Nielsen’s Florida Data Centre knocked out a host of research and software services this week, however third-quarter results published today show there is still plenty of juice left in the business with revenue up 5% to $1.29bn.
The media measurement division, referred to as ‘Watch’, was up 1.1% to $418m, with double-digit growth in online and mobile bettering a flat performance in TV measurement, where year-on-year increases in spending by existing clients was offset by the closures of services in a number of markets.
Operating income for the division was $81m, versus a loss of $313m last year. Nine-month revenue was up 3.8% to $1.26bn.
‘Buy’, Nielsen’s consumer research arm, saw revenue increase 7% to $808m, driven by 20% growth in developing markets revenue versus 1.9% in developed markets. Information services – the retail measurement and consumer panel businesses – increased sales 4.1% to $566m while the product forecasting, modelling and other analytics services that make up the Insight business line grew 14.7% to $242m.
Operating income was up 12.1% to $107m, while the division’s nine-month revenue increased 9.7% to $2.35bn.
The remaining $63m in group third-quarter revenue was attributed to Nielsen’s expositions business.
Meanwhile, in Florida, work continues to restore all services affected by the power cut.
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