Thomson Financial Increases Revenues in ‘04

ORGANIZATION & STRATEGY

Growing sales of Thomson One and numerous acquisitions helped to increase Thomson Financial’s revenues by 15 percent in 2004, the company said last Thursday, Feb. 10.

Revenues rose to $1.73 billion, versus $1.5 billion for 2003. Fourth-quarter revenues increased in 2004 to $474 million, an increase of 24 percent over the same period last year. Third-quarter revenues were $455 million, up 22 percent.

The number of Thomson One workstations rose from 52,000 at the beginning of 2004 to 81,000 at