Financial Times FT.com

Revenue growth slows at Thomson Reuters

By Andrew Edgecliffe-Johnson in New York

Published: August 12 2008 15:51 | Last updated: August 12 2008 21:29

News from Thomson Reuters that growth in its financial data division had slowed but that it would still hit its growth and savings targets exposed investors’ differing views of the dual-listed group on opposite sides of the Atlantic on Tuesday.

Second-quarter earnings from the group – the first since Thomson Corporation’s takeover of Reuters closed on April 17 – showed pro-forma revenue growth of 11 per cent and underlying operating profit growth of 15 per cent.

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