LONDON--Publishing and media company Reed Elsevier PLC Thursday
said its full-year expectations are on track as it posted a rise in
revenue.
MAIN FACTS:
-Nine-month underlying revenue up 3%.
-Full-year outlook unchanged. Underlying revenue, operating
profit and earnings growth on track.
-Says in a mixed macro-economic environment, positive underlying
growth trends were maintained across all major business areas in
the first nine months of 2013.
-Says financial position remains strong.
-Reed Elsevier PLC shares closed Wednesday in London at 877
pence. The combined market capitalization of Reed Elsevier PLC and
Reed Elsevier NV is about GBP19 billion, the company says.
-By Simon Zekaria, Dow Jones Newswires; +44 207 842-9410; simon.zekaria@dowjones.com
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