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Elsevier profits up again in 2019

Company reported 3 per cent underlying profit growth

Profits at the academic publishing and data analytics company Elsevier rose again in 2019, parent company RELX has reported. It said that underlying profits at its scientific, technical and medical arm grew 3 per cent to €982 million from €942m.

Elsevier revenues grew by 2 per cent to €2.6 billion, giving an adjusted operating margin of 37.2 per cent up from 37.1 per cent in 2018, RELX reported on 13 February. Elsevier is the world’s largest academic publisher by total publishing volume.

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