Thomson Reuters provides information for businesses and professionals in the financial, legal, tax and accounting, healthcare and science and media market. Thomson Reuters is dual-listed and is comprised by Thomson Reuters Corporation (Canada) and Thomson Reuters PLC (UK).

Key company developments in 2011 & 1st half year 2012


Corporate revenues increased in 2011 from $1.307 billion USD to $1.380 billion. New acquisitions and contributions from the Professional division contributed to a revenue growth of 9%, and the Legal segment increased by 2%. Eighty-six percent of revenues came from recurring businesses, with the largest single customer representing approximately 1% of fiscal 2011. The operating loss in 2011 was due to a $3 billion goodwill impairment charge related to the Market division's weaker than expected performance.

Ownership, mergers & acquisition, internal organization:

"2011 was a year of significant changes" were the opening words from chairman David Thomson and James C. Smith, new President and CEO of Thomson Reuters, in their letter to shareholders. Smith was previously COO at Thomson Reuters and succeeds Thomas H. Glocer, who retired in December 2011.

Following the integration of Reuters, the company faced a complex management organization,which should be streamiled with the Professional and Market divisions under one company. Four core customer groups--Financial & Risk, Legal, Tax & Accounting, and Intellectual Property & Science-- will be organized under a single corporate center. In April 2012, Thomson Reuters announced the sale of Healthcare business to an affiliate of Veritas Capital for $1.25 billion. (PR120111) The divestiture was suspended in December 2011 due to the global economic situation. The disposal of three additional businesses was announced In February 2012: Property Tax Services (from Tax & Accounting), Legal’s Law School Publishing business, and eXimius (Financial & Risk).

Thomson Reuter completed 39 acquisitions (up from 27 in 2010). “Key tactial acquisitions” include Mastersaf, the Brazilian provider of tax and accounting solutions; Manatron, which provided entry into the government tax market; and World-Check, which provides information on financial crime and corruption prevention.


Brazil was the focus for investments, as Thomson Reuters acquired the legal book publisher Editora Revista dos Tribunais and launched the first Brazilian online research service through the publishing house in 2011.

Westlaw, the global online legal research platform, launched country-specific versions in Australia and the Middle East, bullding on existing services in Canada, Chile, China, Hong Kong, India, Ireland, Japan, Spain, and the UK. Similar brands exist in Argentina, France, and New Zealand.

The flagship desktop products of the Trading business, Thomson Reuters Eikon, were enhanced with new market monitoring and decision support tools to capitalize in Asian and established European markets.

The newly created Global Growth & Operations organization, which acts across the units to expand Thomson Reuters’ presence in new regions, currently focuses on Latin America, China, India, the Middle East, Africa, Russia, CIS-countries and Turkey.


90% of 2011 revenues were generated from software and electronic services. Reuters media organization will collaborate with The New York Times to deliver news and data for the 2012 Olympic Games by launching a product available to online publishers for multimedia coverage.

Bestselling authors & titles:


Key points for analysis & conclusions:


Earlier developments:


Note: Figures are based on sales generated in calendar 2011 or—for corporations with a fiscal year—from fiscal 2011. Data are from publicly available sources and include sales of books, journals, and digital products. Because publishing data were unavailable, Pannini and Disney/Hyperion are excluded from the rankings. The listing and publisher profiles were compiled by international publishing consultant Rudiger Wischenbart under the aegis of Livres Hebdo.