Nielsen Holdings PLC (NLSN) Q4 2019 Earnings Call Transcript

Nielsen Holdings PLC (NLSN) Q4 2019 Earnings Call Transcript

David is the leader of Nielsen Global Connect and he will be as CEO, following the separation.. We're going to have an update on the planned separation of Nielsen Global Media and Nielsen Global Connect, then I will turn the call over to Linda to review the fourth quarter and full year 2019 financial results, as well as our 2020 guidance, which is consistent with the medium-term growth plan discussed in November.. Full year constant currency revenue growth at 1.7% was ahead of our guidance, with growth in both Media and in Connect.. We also built a stronger and more accountable sales culture, which is needed to bring innovative new products to new and existing clients in both businesses.. In November, we concluded our strategic review and announced the plan to separate Nielsen Global Media and Nielsen Global Connect.. Revenue growth was better than expected at 2.7% in the fourth quarter and 1.7% for the full year, both on a constant currency basis.. The growth includes Q4 organic revenue growth of 2.3% and full-year organic revenue growth of 1.2%, both on a constant currency basis.. Adjusted EBITDA margins in the quarter were 29.1%, down 37 basis points on a constant