Reuter's Net Up 23.3% In 1988; Renfrew Confident About Future
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Reuters Holdings PLC's 23.3% increase in earnings per share for 1988 was shy of management's internal target of 25%, but no one was complaining when results were announced Feb. 14 in London and Feb. 15 in New York.
Who could disagree when managing director and chief executive Glen Renfrew declared that Reuters continued to enjoy healthy profit growth despite the problems of world financial markets?
Renfrew attributed Reuters' resilience in 1988 to the company's broad base of products and
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