Thomson: Tax and Accounting "Terrific Quarter"

Tuesday, 01 May 2012
News

James Smith, Thomson ReutersThe Tax and Accounting business of Thomson Reuters turned in what its CEO called "a terrific quarter" for the three months ended March 31. The unit had a 58-percent increase in operating profit on a 30 percent-rise in revenue with a 9-percent increase in organic revenue. That came as the company had a 2-percent rise in profit on a 4-percent increase in revenue as Europe continued to be a drag on results.

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