Reed Elsevier saw pre-tax profits jump 23pc to £948m, helped by cost cutting and a focus on data products. Revenues were broadly flat, slipping 1pc to £6bn. Reed Elsevier has ruled out making any major disposals after every one of its five business units grew in 2011 – the first time this has happened in four years. Reed has come ... Read More »
Reed Elsevier reported revenue growth of 1% in the nine months 2011. Science & Technology grew by 4% with solid subscription revenues in Research and continued good growth in databases and tools. Health Sciences remained flat. LexisNexis Risk Solutions: Underlying revenue growth of 4% (excluding the insurance licensed infrastructure software business recently agreed to be sold). Insurance data & analytics has ... Read More »
Following the announcement of the McGraw-Hill breakup, Alex DeGroote, an analyst at Panmure Gordon, said the move suggested Reed should look at “material restructuring opportunities”. Citing claims that some shareholders are dissatisfied with Reed management, he said: “This is unsurprising. Share price performance has been uninspiring. In absolute terms the share price is the same today as it was 11 ... Read More »
Mayfield Media Strategies and Business Strategies Group join forces to unlock acquisition opportunities in Asia.
Mayfield Media Strategies and Business Strategies Group have formed a partnership to help exhibition organisers in Asia market themselves for sale to international purchasers. Mayfield Media are the leading specialist acquisition brokers for the exhibition industry. Over the past 15 years, they have helped many independent organisers sell their businesses or set up joint ventures with international partners. Mayfield Media ... Read More »