Reed Elsevier NV is a publisher and information provider. The Company’s activities include science and medical, legal and business publishing and the organisation of trade exhibitions. Its principal operations are in North America and Europe. The Company’s businesses provide products and services that are organized in four business divisions: Elsevier serves the science and medical sector; LexisNexis, the legal and other professional sectors, Reed Exhibitions, the exhibitions and conferences sector; and Reed Business Information, the trade magazines and information business sector. On September 19, 2008, the Company acquired ChoicePoint, Inc.
Quick Financial Synopsis
BRIEF: For the six months ended 30 June 2009, Reed Elsevier NV's revenue decreased 51% to EUR81M. Net profit for the period decreased 53% to EUR91M. Revenue reflects decreased share of results of joint ventures. Net profit for the period suffered from lower financial income. Reed Elsevier NV owns 50% of Reed Elsevier which is an information provider within three segments: scientific, professional and business to business.