Reed Elsevier sees growth despite tough economy - Media - Business - Evening Standard
       

Reed Elsevier sees growth despite tough economy

Share Share this article Email this article Print this article
Related Articles
Suggested Topics

16 February 2012

Anglo-Dutch publishing and events group Reed Elsevier reported a rise in full year profit and said it expected to generate more revenue and profit growth in 2012 despite an uncertain economic backdrop.

The group said adjusted operating profit rose 5% to £1.626 billion ($2.55 billion) while adjusted earnings per share rose 8% to 46.7 pence, slightly ahead of a 46.0 pence a share consensus figure provided by the company and based on the estimates of 23 analysts.

"The macro economic outlook remains uncertain, but ... we expect to deliver another year of underlying revenue and profit growth in 2012," chief executive Erik Engstrom said in a statement.

Comments

Share Share this article Email this article Print this article
Related Articles

Top stories in Business

Market Round Up: Aviva under pressure as Paribas outlines what it ought to do
Flush: LK Bennett’s £16m to grow
Intercontinental Hotels picks ex-Unilever head as chairman
JPMorgan and Goldman helped to short Facebook
Hush money: Bond backs brasserie
Aggreko’s Angus is top of FD tree
Cape diving by 37% after its Algerian project takes a big hit
City gunning for Manroy after it shoots into red
Directors’ £23m bid puts Morson through AIM exit
Amec gets going with recruitment

Top stories in Business

Market Round Up: Aviva under pressure as Paribas outlines what it ought to do
Flush: LK Bennett’s £16m to grow
Intercontinental Hotels picks ex-Unilever head as chairman
JPMorgan and Goldman helped to short Facebook
Hush money: Bond backs brasserie
Aggreko’s Angus is top of FD tree
Cape diving by 37% after its Algerian project takes a big hit
City gunning for Manroy after it shoots into red
Directors’ £23m bid puts Morson through AIM exit
Amec gets going with recruitment
SPONSORED FEATURES

The O2

Check out the cool stuff happening under our tent such as the hottest gigs, comedy, sport, films, clubs, bars, restaurants and much more.
 

Teaching Jobs Cisco Silverstone trip

Can you imagine a career in teaching?

Be inspired to teach - let real teachers show you how rewarding the job can be.

The O2 Cisco Silverstone trip

Playing a game-changing role during the Games

Cisco is providing the solutions for London 2012's complex IT needs.

The O2 Teaching Jobs Silverstone trip

Win a Silverstone track day with Zantac 75

Feel the burn of a different kind - 20 Silverstone motoring experiences to be won

 

The O2 Teaching Jobs Cisco
Don't Miss
Gala night for the Queen of arts - stars turn out in their hundreds to pay tribute

Happy & glorious

Stars turn out in their hundreds to pay tribute to Queen
Prints charming: patterned trousers for summer

Prints charming

Patterned trousers for summer
Promethipedia: the lowdown on Ridley Scott's new blockbuster Prometheus

Promethipedia

The lowdown on Ridley Scott's new blockbuster Prometheus
The Middletan: Kate Middleton has the most requested tan in London

The Middletan

Kate Middleton has the most requested tan in London
Amy Childs bares all like Britney

Dare to bare

Amy Childs vajazzles like Britney
Thais go Gaga: singer’s ‘fake rolex’ tweet sparks new tour row... but fans still mob her at airport

Thais go Gaga

Singer mobbed at airport
Trip the bright fantastic - in vertiginous neon

Fashion

Trip the bright fantastic - in vertiginous neon
Chelsea Champions League celebrations - in pictures

Victory parade

Chelsea Champions League celebrations
High-flying heroes

High flying heroes

David Oyelowo reveals all about new film Red Tails
The Twitter Diaries: Think Bridget Jones tries social networking

The Twitter Diaries

Think Bridget Jones tries social networking