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Disingenuous comparison. We are talking about Elsevier the journal publisher, not the parent conglomerate that also deal with legal, analytics, software and a b
by tomohelix 3y ago
Disingenuous comparison. We are talking about Elsevier the journal publisher, not the parent conglomerate that also deal with legal, analytics, software and a bunch of other businesses.
- cpncrunch 3y agoYou are confusing net profit margin with operating margin. The 37% figure is operating margin, whereas the net profit margin is 19%. From your link, it looks like the Scientific, Technical & Medical arm has identical margin to the parent corporation.
- tomohelix 3y agohttps://www.relx.com/~/media/Files/R/RELX-Group/documents/press-releases/2019/relx-results-2018-pressrelease.pdf https://www.relx.com/~/media/Files/R/RELX-Group/documents/pr... Look under the Scientific, Technical & Medical financial review. That is their scientific publishing arm.