LONDON, July 26 Anglo-Dutch publisher Reed
Elsevier ELSN.AS (REL.L) said on Thursday its adjusted
first-half operating profits rose 3 percent to 530 million
pounds ($1.09 billion) and that it was on track to post adjusted
earnings per share growth of at least 10 percent.
Reed Chief Executive Crispin Davis said market conditions
were "generally favourable" and the company was well placed for
a strong second half.
Reed said adjusted earnings per share from total operations,
which includes the Harcourt education business it is selling,
rose 1 percent to 14.3 pence at constant exchange rates.