Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.


Reed Elsevier's profit up, revenue down

Published on .

London--Reed Elsevier plc Thursday reported a first-half net profit of $156.1 million, flat compared with the same period last year. The Anglo-Dutch company, which owns Reed Business Information, Lexis-Nexis and other properties in the U.S., posted revenue of $3.77 billion, down from $3.97 billion in the first half of 2002. “Absent any marked deterioration in our markets, we expect to deliver on our targets of above market revenue growth and double-digit adjusted earning per share growth at constant currencies for 2003,” said Crispin Davis, Reed Elsevier’s CEO, in a statement.
Most Popular
In this article: