Comparing numbers makes things look more real and proportionate: Elsevier vs Greece. Bernard Rentier

« Elsevier has published its annual business report.

Heather Morrison’s summary: « Before adjusting for currency, Elsevier is reporting a 4% decrease in revenue for Scientific, Technical and Medicine and a 3% decrease in profit. The numbers are a 2,048 GBP revenue, 762 GBP adjusted operating profit, for a 37% profit rate (down from 39% last year). Elsevier is counting both revenue and profit as a slight increase after adjusting for currency » (…) »