[GOAL] Reed Elsevier 2014 annual report: negative growth and changing business strategy

Heather Morrison Heather.Morrison at uottawa.ca
Fri Jul 3 17:46:55 BST 2015

The 2014 Reed Elsevier annual report is now available at:

Possibly of interest:

Revenue and profit decrease:  before adjusting for currency, Elsevier is reporting a 4% decrease in revenue for Scientific, Technical and Medicine and a 3% decrease in profit. The numbers are a 2,048 GBP revenue, 762 GBP adjusted operating profit, for a 37% profit rate (down from 39%). Elsevier is counting both revenue and profit as a slight increase after adjusting for currency (p. 12)
(For 2013 39% profit rate see: http://poeticeconomics.blogspot.ca/2014/03/elsevier-stm-publishing-profits-rise-to.html)

Changing business strategy:  "we are now primarily focused on driving the transition from electronic reference to electronic decision tools" (p. 5, 2014 progress)


Dr. Heather Morrison
Assistant Professor
École des sciences de l'information / School of Information Studies
University of Ottawa
Desmarais 111-02
613-562-5800 ext. 7634
Sustaining the Knowledge Commons: Open Access Scholarship
Heather.Morrison at uottawa.ca<mailto:Heather.Morrison at uottawa.ca>

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