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...."



From feeds:

Open Access Tracking Project (OATP) » peter.suber's bookmarks


oa.new oa.elsevier oa.profits oa.cancellations oa.germany oa.sweden

Date tagged:

02/24/2019, 15:06

Date published:

02/24/2019, 10:06