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As of 9:45 AM 10/22/14 All times are local (Market data is delayed by at least 15 minutes).

reed elsevier nv-spons adr (ENL) Key Developments

Reed Elsevier Appoints Nick Luff as Chief Financial Officer and to the Board

Further to the announcement made on 7 January 2014, Nick Luff will join Reed Elsevier as Chief Financial Officer on 1 September 2014. Nick will be appointed to the Boards of Reed Elsevier NV, Reed Elsevier PLC and Reed Elsevier Group plc with effect from 1 September 2014. Shareholder approval for Nick's appointment was obtained at the respective Annual General Meetings of Reed Elsevier NV and Reed Elsevier PLC on 23 and 24 April 2014. Nick takes over from Duncan Palmer who announced his resignation in September 2013. Duncan will remain on the Boards as a Director until 24 September 2014 at which time he will leave Reed Elsevier.

Reed Elsevier NV Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2014; Provides Earnings Guidance for 2014

Reed Elsevier NV reported unaudited consolidated earnings results for the six months ended June 30, 2014. For the period, the company reported revenue of GBP 3,473 million against GBP 3,570 million a year ago. Adjusted operating profit was GBP 1,049 million against GBP 1,027 million a year ago. Reported operating profit was GBP 850 million against GBP 807 million a year ago. Adjusted profit before tax was GBP 965 million against GBP 918 million a year ago. Profit before tax was GBP 739 million against GBP 739 million a year ago. Adjusted net profit was GBP 736 million or GBP 0.52 per share against GBP 698 million or GBP 0.48 per share a year ago. Reported net profit was GBP 554 million or GBP 0.39 per share against GBP 601 million or GBP 0.42 per share a year ago. Net cash used in operating activities was GBP 533 million against GBP 190 million a year ago. The full year 2014 outlook is unchanged. Underlying trends in business continue to be positive as enter the second half, and remain confident that, by continuing to execute on strategy of delivering improved outcomes to professional customers, primarily through organic investment, will deliver another year of underlying revenue, profit, and earnings growth in 2014.

Reed Elsevier NV Recommends Interim Dividend

Reed Elsevier NV recommended an increase of 14% interim dividend to €0.151 per share.

Reed Elsevier NV, H1 2014 Earnings Call, Jul 24, 2014

Reed Elsevier NV, H1 2014 Earnings Call, Jul 24, 2014

Elsevier Announces the Launch of an Optimized Mobile Version of ScienceDirect

Elsevier announced the launch of an optimized mobile version of ScienceDirect, its full-text scientific database. The updated mobile version of ScienceDirect now allows researchers to read journal articles on mobile devices through a specifically designed interface offering high readability and a streamlined page layout. Users of ScienceDirect that access journal articles on a mobile device will automatically be directed to a dedicated page which offers an online experience tailored for mobile use. The mobile view is designed around how people work when they use mobile devices, including simple browse, scan, read or save-for-later features. The mobile view is also built with high performance principles to counter the high latency, low bandwidth and limited processing power of mobile devices. The updated mobile version of ScienceDirect has been designed based on user feedback and consultation. Users want focused and fast access to articles, with easy reading and navigation that keeps resizing, panning and scrolling to a minimum. The mobile version of ScienceDirect now supports fast navigation, access to similar results, easy access to references, the ability to view tables and a pinch-to-zoom feature. Users can also choose to open articles as a PDF and can export articles to Mendeley, RefWorks, and in BibTeX format, among others.

 

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