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AMSTERDAM, July 31, 2008 (AFP) - Dutch publishing group Reed Elsevier reported on Thursday a 17-percent drop in first-half net profit to 384 million euros (642 million dollars) but operating profit rose 12 percent.
Revenue was also down four percent to 2.541 billion euros.
AMSTERDAM, Feb 21, 2008 (AFP) - The Dutch publishing giant Reed Elsevier launched a deep restructuring on Thursday when it reported a five-percent rise in net profit last year, saying results had suffered from weakness of the dollar.
AMSTERDAM, July 26, 2007 (AFP) - Dutch publishing group Reed Elsevier reported on Thursday a 46-percent increase in first-half net profit to 465 million euros (642 million dollars) and stood by its growth forecasts for this year.
Reed, which counts the Lancet medical journal and New Scientist magazine among its 15,000-plus publications, put the profit down to 'a strong performance of its activities and the profit from the sale of some of the activities of its Harcourt education division in May.'