Company Profile For Reed Elsevier PLC

Reed Elsevier PLC (REL.L) (London Stock Exchange)

sector: Cyclical Consumer Goods & Services · industry: Publishing ·

As of 9:13pm IST

469.90GBp

Price Change

-0.10

Percent Change

-0.02%

Analyst Recommendations

Overview

Reed Elsevier plc (Reed Elsevier) is a publisher and information provider. The activities of the Company include science and medical, legal and business publishing. It has operations in North America and Europe. The businesses provide products and services that are organized in four business divisions. Elsevier serves the science and medical sector; LexisNexis, the legal and other professional sectors; Reed Exhibitions, the exhibitions and conferences sector and Reed Business Information, the trade magazines and information business sector.On January 30, 2008, the Company completed the disposal of Harcourt Education businesses. On September 19, 2008, Reed Elsevier plc acquired ChoicePoint Inc.

Quick Financial Synopsis

BRIEF: For the six months ended 30 June 2009, Reed Elsevier Plc's revenues increased 25% to £1.62B. Net income from continuing operations decreased 45% to £85M. Revenues reflect an increase in sales from the LexisNexis and Elsevier Business divisions. Net income was offset by increased cost of sales, higher selling costs, increased administrative expenses, higher interest expense and lower gain on disposal & other non operating items.