Reuters Outlines Infrastructure Consolidation

Total revenues rose by 6.5 percent for 2006 to £2.566 billion with operating profit up 24 percent at £256 million, reflecting underlying revenue growth of 4.8 percent. The vendor expects to achieve a further six percent underlying growth in 2007, and for that to accelerate in 2008, providing net sales remain positive.

Reuters chief executive Tom Glocer says the company will move away from an environment where products are deployed using multiple infrastructures and "accelerate the process of