Reed Elsevier Sees Growth This Year Similar to 2013

Anglo-Dutch business information provider Reed Elsevier said it was confident that 2014 would be another year of growth after it met expectations with a 7 percent rise in earnings last year.

Reed Elsevier, which competes with Thomson Reuters, is moving more of its content to digital platforms, where data can be more easily organised, searched and analysed.

Its risk solutions business, which provides data to clients in financial services, achieved underlying revenue growth of 8 percent last year, driven by a strong take-up of new products by the insurance industry.