Reed Elsevier sees another year of earnings growth

Reuters - UK Focus

LONDON, April 23 (Reuters) - Anglo-Dutch businessinformation provider Reed Elsevier (Frankfurt: RDEB.F - news) said itexpected to post another year of underlying revenue and earningsgrowth in 2014 after trading broadly in line during the firstquarter.

Reed Elsevier, which competes with Thomson Reuters (Frankfurt: TOC.F - news) ,said its first quarter underlying revenue growth rates acrossthe business had remained consistent with its performance in2013.

"The outlook for 2014 is unchanged," it said. "We remainconfident that, by continuing to execute on our strategy, wewill deliver another year of underlying revenue, profit, andearnings growth."

(Reporting by Kate Holton; editing by Sarah Young)

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