Reuters Posts Robust Sales Figures

20 October 2006

LONDON: UK-headquartered media and information group Reuters has announced third quarter sales of £631 million ($1.17bn; €938m), up 3.3% on the same period last year.

Reuters' best quarter of the year so far saw its core business account for 90% of turnover.

The company restructured in 2005 launching into new, higher growth products in electronic trading, high-value content, enterprise and new markets, among them China and India.

Ceo Tom Glocer says market conditions remain "pretty favourable".

Data sourced from Financial Times online; additional content by WARC staff