Nielsen ended 2010 with up quarter

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Fresh from its $2.1 billion IPO in January, Nielsen Holdings has reported that revenues were up 7.2% (constant currency) in Q4 to $1.37 billion. Adjusted EBITDA gained 6.1% to $402 million.


Nielsen’s “Watch” segment, which includes its television ratings business, saw revenues grow 4.8% in the quarter to $443 million. Adjusted EBITDA was up 5.3% to $175 million.

The “Buy” segment, Nielsen’s consumer data division, posted revenue growth of 8.9% to $910 million. Adjusted EBITDA rose 7.5% to $240 million.

Only the Expositions segment had a down quarter, with the trade shows brining in 15% less than a year ago at $18 million. EBITDA was only $2 million, essentially flat.

Holding his first analysts conference call since going public, CEO David Calhoun said Nielsen will provide only annual guidance, but noted that the business is “reasonably predictable.” In total he’s looking for revenue growth of 5-7% in 2011.