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Via wikipedia - http://en.wikipedia.org/wiki/Architectural_Press http://en.wikipedia.org/wiki/Architectural_Press "In revenue, Elsevier accounts for 28% of the
by AJ007 16y ago
Via wikipedia - http://en.wikipedia.org/wiki/Architectural_Press http://en.wikipedia.org/wiki/Architectural_Press
"In revenue, Elsevier accounts for 28% of the Reed Elsevier group (₤1.5b of 5.4 billions in 2006). In operating profits, it represents a bigger fraction of 44% (₤395 of 880 millions).[3] Adjusted operating profits have risen by 10% between 2005 and 2006."
This is not the only industry where education oriented companies account for a disproportionate percentage of the parent company's profits (hint: The Washington Post's Kaplan.)