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Reed Elsevier Posts Rise In Profit, Lifts Dividend

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Reed Elsevier PLC (NYSE: RUK) reported a gain in its full-year profit and lifted its dividend.

Reed Elsevier's net profit for the year jumped to 1.11 billion pounds ($1.85 billion), versus a year-ago profit of GBP1.04 billion.

Its revenue slipped 1% to GBP6.04 billion.

Reed Elsevier shares closed ta $60.70 yesterday.

Posted-In: profitEarnings News

 

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