London-listed B2B media company, Reed Elsevier, has released financial results for the year ended 31st December 2012. On the company’s exhibition business, Reed reported revenue growth of 15% (7% excluding biennial event cycling) to £854 million during the year. Profits in same period were £210 million, up 21% over 2011. By geographical markets, Reed reported strong revenue growth in the U.S. and Japan, and double digit growth in emerging markets. The company saw moderate revenue growth in Europe.
Source: Business Strategies Group, Hong Kong www.bsgasia.com