Thomson: Tax and Accounting "Terrific Quarter"
- Tuesday, 01 May 2012
- News
The 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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