Financial Times FT.com

Thomson Reuters beats expectations

By Andrew Edgecliffe-Johnson in New York

Published: August 6 2009 15:56 | Last updated: August 6 2009 16:45

Thomson Reuters on Thursday held to its forecast of full-year revenue growth and stable profit margins, as cost savings from the 2007 merger that created the markets data and professional information group continued to offset challenges in its makets.

Thomson Reuters' figuresLike-for-like revenue growth of 2 per cent and an 11 per cent underlying operating profit improvement indicated the group was succeeding in its aim of taking market share from rivals, said Tom Glocer, chief executive.

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