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Tag Archives: Reed Elsevier

Reed Acquires Auto Aftermarket Event in Shanghai

Reed Hongda Exhibitions (Henan) Co., Ltd., subsidiary of Reed Exhibitions Greater China, has signed an agreement with Shanghai Gehua Exhibition to acquire a 100% stake and all related assets of the annually-held Shanghai International Auto Decoration Supplies Sourcing Fair (CSAE). Financial terms of the deal were not disclosed. CSAE was established in 2003 and last took place from 22nd August ... Read More »

Reed Elsevier Reports 5% Revenue Growth

After delivering a solid set of results with strong earnings growth, Reed’s recovery has started to gain momentum. Underlying revenue growth was +5% (+3% excluding biennial exhibition cycle) and adjusted operating profit growth was +7%; overall growth +8% at constant currencies.  Adjusted EPS was +11% to 24.7p for Reed Elsevier PLC; +18% to €0.47 for Reed Elsevier NV. Reed said ... Read More »

Reed Rules Out Sell-off of Operating Units

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 States its Case for Avoiding a Break-up

When results stagnate investors get restless Speculation has mounted that the owner of New Scientist and the Lancet could break itself up, but with no plans for a carve-up the company is understood to have been stressing the logic of keeping the business together.  The Anglo-Dutch publishing giant’s latest trading update was described as ‘reassuring’, ‘solid’ and even ‘dull but ... Read More »

Reed Elsevier Reports Growth in all Business Sectors

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 »