Reed Elsevier States its Case for Avoiding a Break-up

Posted by Joachim Bartels | Nov 18, 2011 | Authentication & Identification, Business Information, Legal & Compliance, Reed, United Kingdom | 0 |

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 worthy’ by analysts, but shares still fell 13p to 524.5p.

Growing revenues: CEO Erik Engstrom, said the economic uncertainty had only had a ‘marginal effect’ on results. Underlying revenues grew 1 per cent in the nine months to September 30, 2011

Source: Daily Mail United Kingdom

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Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

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