Revenue for Tax & Accounting for 2013 was $1.24 billion, up from $1.16 billion in 2012. That reflected a 5-percent increase in organic revenue. Underlying operating profit for the operation rose to $257 million, compared to $238 million. That includes a $9 million charge taken in the fourth quarter.

In this week's earnings webcast, the company said Professional revenue was up 10 percent and Corporate 17 percent from the prior year. However, the sharp drop in Government revenue reversed in the fourth quarter ended December 31, when sales came in 7-percent higher than in the corresponding period in 2012. Tax & Accounting reported a 7-percent rise in EBITDA as margins expanded and business improved in the fourth quarter with revenue for that period 11-percent higher than a year earlier.

However, for the year just ended, the company's financial services business continued to be a drag on results. Earnings per share were off by 93 percent from 2012. Operating profit dropped to $1.52 billion, down 41 percent from $2.57 billion. Company revenue fell to $12.7 billion a 3-percent decline from $13.13 billion. Those were the IFRS results. Thomson Reuters headlined its results before the impact of currency, showing a 1-percent gain in revenue for the fourth quarter and 2-percent for 2014.

CEO James Smith said the turnaround in the financial business continued. However, overall results continued to reflect a drop in revenue in that area. He noted that the company was pleased with its efforts to reduce costs and said he was confident the company would make progress in 2014. But there would "continue to be strong headwinds" in the legal and banking areas.