Reuters swings back to profit, but warns on 2004 revenue
Article Abstract:
Reuters Group PLC posted a profit of 4 million pounds (5.6 million euros) for the 2003 first half. However, the company issued a warning about its revenues for the 2004 year.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
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Revenue rises at Reuters, but skeptics pummel stock
Article Abstract:
Reuters Group PLC's share value fell by 7.6% as a result of its trading statement for the first-quarter of 1999. Stockholders were not convinced by the company's apparently strong revenue figures. For the period, Reuters posted 771 million pound sterling ($1.24 billion) in revenues. This approximately matched what analysts had predicted. The revenues were approximately 8% higher compared to the same period in 1998.
Comment:
Posts 771 million pound sterling ($1.24 billion) in revenues for 1999 first quarter
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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