Elsevier profits near £1 billion despite European disputes | Times Higher Education (THE)
peter.suber's bookmarks 2019-02-24
"The publisher has reported steady growth and profit margins of more than a third but warned of threat to business from open access....
Elsevier has shrugged off a breakdown in contracts with German and Swedish universities to swell its profits to nearly £1 billion in 2018, its latest financial results reveal.
The Amsterdam-based publisher reported an all but unchanged profit margin of 37.1 per cent....
It made £942 million in profits on revenues of about £2.5 billion, according to financial results released on 21 February...."