UK +44 (0) 330 380 1130, Support +44 (0) 330 380 1131, USA Sales/Support +1 888 457 2611

Web sales at Reed Elsevier head for £1bn

The FT writes “Electronic sales at Reed Elsevier topped £1bn last year as the Anglo-Dutch media group increased pre-tax profit by 43 per cent”. Crispin Davis, chief executive, said “Reed Elsevier would continue to spend on internet services “on the same scale” when its current plan to spend £750m over three years on web services ended in December”. Lex adds that “This year, further margin improvement is expected from driving internet penetration at Harcourt Science Technical and Medical”

Pin It on Pinterest