Taylor & Francis Reports 5% Revenue Boost for 2019

"Taylor & Francis has reported a 5% increase in revenue to £559.6m for 2019 (2018: £533.2m), with underlying revenue growth of 2.4%. Adjusted operating profit rose 10.5% to £218.1m (2018: £197.4m), an underlying rise of 3.6%.

Parent company Informa said Taylor & Francis had benefitted from "solid subscription renewals, strong momentum in Open Access and steady performance in advanced learning products" to deliver "robust" underlying revenue growth while positive currency tailwinds contributed to higher operating margins...."