Reed Elsevier results for 2011

 

Reed Elsevier has published its Annual Reports and Financial Statements 2011 for the Reed Elsevier Combined Businesses, Reed Elsevier PLC and Reed Elsevier NV

2011 highlights ƒƒ

  • Underlying revenue up 2% (3% excluding biennial exhibition cycling) ƒƒ
  • Underlying adjusted operating profit up 5%; up 4% at constant currencies ƒƒ
  • Adjusted EPS up 8% to 46.7p for Reed Elsevier PLC; up 6% to €0.83 for Reed Elsevier NV ƒƒ
  • Reported EPS up 19% to 32.4p for Reed Elsevier PLC; up 16% to €0.59 for Reed Elsevier NV ƒƒ
  • Full year dividend up 6% to 21.55p for Reed Elsevier PLC and €0.436 for Reed Elsevier NV ƒƒ
  • Net debt of £3.4bn; 2.3 times adjusted EBITDA (pensions and lease adjusted)

The following documents are avaialable at www.reedelsevier.com:

  • Annual Reports and Financial Statements 2011 for the Reed Elsevier Combined Businesses, Reed Elsevier PLC and Reed Elsevier NV (the “2011 Financial Statements”);
  • Reed Elsevier NV Corporate Governance Statement 2011;
  • Agenda with explanatory notes for the Reed Elsevier NV 2012 Annual General Meeting (the “NV 2012 AGM Agenda”) to be held in Amsterdam on 24 April 2012;
  • Notice for the Reed Elsevier PLC 2012 Annual General Meeting (the “PLC 2012 AGM Notice”) to be held in London on 25 April 2012; and
  • Corporate Responsibility Report 2011.

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