April 28, 2011 / 11:07 AM / 6 years ago

TABLE-Thomson Reuters first-quarter results

 NEW YORK, April 28 (Reuters) - News and information provider Thomson Reuters Corp‘s(TRI.TO)(TRI.N) revenue growth accelerated in the first quarter as it reaped the benefits of heavy spending on new products, and the company said it plans to sell two more businesses to fund further investment.
 Following are highlights for the quarter, compared with previous quarters.
 Dollar figures are in millions except for adjusted earnings per share and profit margin, which are expressed as a percent.
 Thomson Reuters Q1 consolidated financial highlights:
 Non-IFRS financial measures (Revenue includes currency adjustments)
                                    Q1 2011       Q4 2010      Q1 2010
 Revenue from ongoing businesses    $3,240        $3,458       $3,057
 Underlying operating profit        $556          $669         $550
 Underlying operating profit margin 17.2          19.3         18.0
 Adjusted earnings per share        $0.39         $0.43        $0.36
 PROFESSIONAL DIVISION
 REVENUE
 Legal                              $885          $971         $799
 Tax & Accounting                   $272          $330         $260
 Healthcare & Science               $220          $239         $208
 Total                              $1,377        $1,540       $1,267
 MARKETS DIVISION
 REVENUE
 Sales & Trading                    $927          $900         $890
 Investment & Advisory              $560          $551         $559
 Enterprise                         $296          $384         $263
 Media                              $82           $86          $80
 Total                              $1,865        $1,921       $1,792
 (Complied by Jennifer Saba; Editing by Ted Kerr)     

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