NEWS24 October 2014

Nielsen revenues up 13% in Q3

Financials North America

US — Nielsen’s revenues rose to $1.57bn in Q3 2014, a 13.3% increase on the same period last year.

The adjusted EBITDA for the same quarter grew by 19.8% to $477m. The company has also announced a new $1bn share repurchase authorisation.

“In the third quarter, we continued to extend our leadership position moving forward with product innovation, new client wins and strategic partnerships as we keep apace with evolving consumer behaviour across the globe,” said Mitch Barns, Nielsen CEO.

Nielsen has recently admitted to having reported incorrect viewing figures for the US broadcast networks for the last seven months. It is currently reprocessing impacted data going back to August 18, to be reissued by the end of this month.