Thu, 28/02/2013 - 10:33
Reed Elsevier has reported revenue and pre-tax profit growth in 2012, with the company saying it had made "good progress" in transforming its business into that of a professional information solutions provider.
The company reported a 2% increase in revenue during 2012 from the previous year, to £6.12bn. It achieved an...
Thu, 17/11/2011 - 09:45
Reed Elsevier Plc has reported underlying revenue growth of 1% in the nine months to the end of September 2011.
In an interim management statement, the company announced underlying revenue growth in each of its five business areas. Elsevier was up 2% and LexisNexis Risk Solutions up 4%, with "good demand continuing" in...
Thu, 17/02/2011 - 09:32
Adjusted operating profit at Reed Elsevier declined by 1% to £1.56bn in 2010 as the publisher spoke of "encouraging" prospects for the year ahead.
Revenue was flat at £6.06bn across the whole company, although at Elsevier, sales grew by 2% to £2.02bn and adjusted operating profit was up 4% to £724m....
Thu, 29/07/2010 - 08:07
Reed Elsevier has reported underlying sales growth of 1% in its first half, calling it an "improved performance" after making "considerable progress". But it has warned that "recovery will be gradual as conditions remain constrained in many of our markets".
The STM and law publisher recorded sales of £...
Mon, 22/03/2010 - 07:19
Former Reed Elsevier chief executive Ian Smith was paid £2.2m over the 10 months he was with the group, according to its annual report and accounts. The figure included £733,000 for losing his job, a £428,000 bonus, £233,000 paid in lieu of pension, and £42,000 for holiday not taken. Smith left the company "by...
Thu, 18/02/2010 - 08:40
The publishing arm of Reed Elsevier has had a "relatively robust year" in light of the economic downturn, thanks to good subscription renewal rates among its journals and strong e-book sales, the company has claimed.
The company saw revenue growth climb 14%, as did adjusted operating profit, and cashflow grew 11%. However...
Mon, 01/02/2010 - 06:11
Sacking Ian Smith as chief executive of Reed Elsevier last November bought the company some time to sort itself out — but not much, reports the Times.
What is Erik Engstrom, Smith’s replacement, to do? In these cases, the kitchen sink is the favoured option. Engstrom is not ready with a revival plan yet, so painting...
Mon, 21/12/2009 - 16:18
As you read this the negotiations at the UN Climate Change Conference in Copenhagen (COP15) will be coming to an end. The first week went reasonably well, with a general feeling that we might, just might, be able to surpass national interests in the cause célèbre of climate change, but as I write, there is still a long way to go...
Wed, 11/11/2009 - 06:38
Ian Smith has resigned as chief executive of Reed Elsevier after less than a year in charge. The international publishing group said Smith had left by "mutual agreement" after leading the company through "unprecedentedly turbulent economic times". His successor is Erik Engstrom, chief executive of the science wing Elsevier....
Sun, 02/08/2009 - 14:30
Global media business Reed Elsevier has successfully raised £824m following the group's "accelerated" placing of more than 160m new shares on the London and Amsterdam Stock Exchanges. Reed announced the placing yesterday (30th July) after admitting that its debt levels, at £5bn, were "too high".