Growth In Revenue At Reuters Slowed To 7.1 Percent In 1991


Reuters Holdings PLC offered few surprises at its 1991 earnings announcement last week: slow revenue growth in tough market conditions were the order of the day. But analysts and observers note that profit was strong, after taking into account one-time restructuring and depreciation costs.

Reuters reported revenue of 1.47 billion pound sterling ($2.74 billion) for 1991, up 7.1 percent from 1.37 billion pound sterling ($2.56 billion) a year earlier. Operating profit before interest income was