http://www.morningstar.com/earnings/48359107-nielsen-nv-nlsn-q4-2012.aspx

Nielsen NV NLSN
Q4 2012 Earnings Call Transcript

Transcript Call Date 02/11/2013

Operator: Good afternoon, and welcome to the Nielsen Holdings N.V. Fourth Quarter Earnings Call and Webcast. All participants will be in listen-only mode. After today's presentation, there will be an opportunity to ask questions. Please note this event is being recorded

I would now like to turn the conference over to Ms. Liz Zale, Senior Vice President, Investor Relations. Please go ahead.

Liz Zale - IR: Thank you. Good evening, everyone and thank you for joining us to discuss Nielsen's fourth quarter and full year 2012 financial performance call. Joining me on today's call from Nielsen is David Calhoun, Chief Executive Officer; and Brian West, Chief Financial Officer.

Before we begin our prepared remarks, I'd like to remind all of you that the following discussion contains forward-looking statements within the meaning of the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include comments about Nielsen's outlook, expectations and prospects. These and other statements that relate to future financial results and events are based on Nielsen's view as of today February 11, 2013.

Our actual results in future periods may differ materially from those currently expected because of a number of risks and uncertainties. The risks and uncertainties that we believe are material are outlined in Nielsen's 2011 Form 10-K and other filings and materials which you can find on our website at ir.nielsen.com or at sec.gov. We encourage you to consult these documents for a more complete understanding of these risks and uncertainties. We disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by securities laws.

A slide presentation that we'll use on this call is available under the Events section of our Investor Relations website, again, at ir.nielsen.com.

We use certain non-GAAP measures to evaluate the results of our operations. We believe these non-GAAP measures provide useful information to investors regarding financial and business trends when viewed in conjunction with our GAAP results of operations. Further definition and a reconciliation of these non-GAAP measures to our results under GAAP, is available at the end of our press release. It is also in the appendix of the webcast slide presentation we're using today's call and on our IR website.

For today's call, Dave will start with a brief summary of our results and accomplishments for 2012 and will provide a business update; then Brian will discuss financials for the full year and fourth quarter and more details on our capital allocation priorities and will provide our full year guidance for 2013. Following that we'll be happy to take your questions.

Now, to start the call, I'd like to turn it over to our CEO, David Calhoun.

David Calhoun - CEO: Thanks Liz. Good morning, everyone. So, I'll go over our first page, give you a quick summary of what I think was a very solid year for the Nielsen Company, particularly with respect to some of the strategic wins that has occurred over the course of the year.

Read our Earnings Call Transcript disclaimer.
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