Reed Elsevier Improves as Margins Grow

Reed Elsevier Improves as Margins Grow

“Educational publisher Reed Elsevier said it enjoyed first half underlying growth in all businesses with an improving performance from large subscription and data businesses.  Adjusted operating margin was up 1.3% pts at 26.6% and there was a return to growth in adjusted earnings per share of 5%”…. CEO, Erik Engstrom, commented: ‘The first half has seen the growth trajectory improve with our large subscription and data revenues strengthening and most of our cyclical businesses recovering.”

Pin It

Comments are closed.