Reed Elsevier Says It Will Have at Least 10% Earnings Growth in 2007

Reed Elsevier has issued a press release saying that its adjusted earnings per share at constant currencies will grow by at least 10% in 2007.

Here's an excerpt from the press release:

Elsevier: Subscription renewals are very strong and there is good demand for our expanding online services. The second half medical publishing programme is going well with good growth in particular in the nursing and health professional sectors. Pharma advertising markets remain weak, but represent a relatively small part of the business.