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Reed Elsevier



Erik Engstrom is the CEO of Reed Elsevier.

Reed Elsevier is a British and Dutch media company that is a leading publisher of information for business and professional users. The company operates primarily in Europe and North America, and serves four major markets: Science & Medical, Legal, Education, and Business.

Annually, Reed Elsevier produces 15,000 different magazines, books and reference works, as well as more than 500 online information services and 430 trade exhibitions.

Company revenue in 2004 was $9.269 billion.

Contact Information

Web Site:www.reed-elsevier.com
Email:webmaster@reedelsevier.com
Telephone:44.20.7222.8420
Fax:44.20.7227.5799
Address:25 Victoria Street
London SW1H 0EX
UK

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National Media Properties

Comments about Reed Elsevier

Comments to date: 1. The most recent comments are below.

Eric Kallgren    Boulder, Colorado USA

Posted at 3:10pm on Thursday, February 19th, 2009

February 19, 2009: Reed Elsevier’s Chief Executive Officer, Sir Crispin Davis, commented on the company's 2008 financial results:

“Reed Elsevier has had a very successful year with major progress in developing the business, and the strongest constant currency adjusted eps growth in a decade. Good revenue growth was seen across most of the business driven by the growing demand for online information and workflow solutions. The revenue growth and a strong focus on restructuring and cost management delivered meaningful margin improvement and the operating cash generation was excellent. Whilst the economic environment has become progressively more challenging, our business is more resilient than most and we are in a strong financial position.

The year saw demonstrable progress across the business from our continued investment in new content and online product development. In Elsevier, subscription renewals reached record levels whilst other online solutions for the scientific and healthcare communities grew rapidly. Online legal information solutions have continued to expand, and there is growing demand for information analytics in the risk market. In legal research we see significant opportunities for more intuitive and interoperable offerings to enhance customer productivity and are stepping up our investment to reflect this. Reed Exhibitions had an exceptional year including the benefit of non annual shows cycling in. Reed Business Information held up well for most of the year, helped by the strong growth of its significant online franchises. In the last quarter, however, the business increasingly felt the impact on advertising markets of the global downturn.



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