Leading International Medical Publisher Expands Elsevier
Offering
AMSTERDAM, Netherlands, Elsevier, a leading global
healthcare and scientific
publisher, announced today that it has bought
MediMedia's professional medical publishing businesses
("MediMedia MAP").
MediMedia MAP is a key provider of medical information in rapidly growing
international healthcare markets.
"Needless to say, we are delighted that MediMedia MAP's
key geographic
markets, established titles, and specific areas of expertise provide such an
excellent
complement to Elsevier's," commented Brian Nairn, CEO of Elsevier's
Health Sciences, "We are confident
that our global health publishing
activities will provide our customers with enriched solutions and
resources,
further contributing to their professional success. Operating in the science and medical
,
legal, education and business-to-business sectors, Reed Elsevier provides
high-quality and flexible
information solutions to users, with increasing
emphasis on the Internet as a means of delivery.
A.
For the six months ended 30 June 2005, Group sales are up by nearly 14%
under IFRS and 18
% under French GAAP.4 23.3 2.8 42. The value of new Engineering business sales
orders
for the 1st half-year ending 30 June 2005 was up nearly 19% over the
same period last year. The inter
-contracts rate decreased to 4% from
6% for the previous quarter.8% 78. In
light of the limited
impact of the application of IFRS standards, the profit
from operations under IFRS should be similar
to the operating profit arising
from the use of French GAAP.fr/fr/finance/Silicomp_Passage_IAS-IFRS
.org reference
"
About Elsevier
Elsevier is a world-leading publisher of scientific, technical and
medical
information products and services.Groupe Silicomp: 7th Consecutive Quarter of Profitable
Growth
7% to EUR 25.1% 19.6
Analysis of Group sales by business segment and geographic
region
Engineering 25.5 (6.0% 43.0% 6.1% 31.6 1
.9% 27.0%) 3.5% 2.3% 10. Sales activity remained
sustained, with a
well filled prospects pipeline, which, however, was
cyclical due to the significance of contracts
undertaken.
With a presence on three continents, Groupe Silicomp is the preferred partner
of major
manufacturers.
Shares of Groupe Silicomp (ISIN code: FR000063794) trade on the Euronext
Paris
Stock Exchange (Eurolist C) since 16 June 1998.fr
miquelon pierre
COURBEVOIE, France,
- Christian
Streiff, is Stepping Down as Chief Operating Officer.
In the course of his twenty-six years of
service within the Group,
Christian Streiff has held nine positions, including six executive management
functions in Germany, France and Italy - notably Chief Executive Officer of
Saint-Gobain Emballage
and Chairman of Pont-C -Mousson S.
At its meeting of May 3, 2005, the Board of Directors of Compagnie
de
Saint-Gobain, acting upon the recommendation of Chairman and CEO Jean-Louis
Beffa, unanimously
appointed Pierre-AndrC) de Chalendar as Chief Operating
Officer. From 2000 to 2002, he was the Company
's General Delegate
to the United Kingdom and the Republic of Ireland, as well as
President-Delegate
of the Building Distribution Division for the United
Kingdom and the United States.
5
13.7% 1.5 11.9% 42.
In France, sales growth remained sustained, up 15.8
% 3.0% 3.pdf (free
translation to be released before September 2005).
Visit
our web site at http://www.pierre saint
This
expands existing publishing programs and digital services, accelerates
growth,
and meets the demand for structured continuing education amongst medical and
allied healthcare
professionals worldwide.scopus.com/ ),
bibliographic databases, and online reference works.0%)
(6.3 24.0 (0.8%) 6.7% 13.0
sales
As previously announced
, 2005 2nd quarter sales growth was less sustained
than in the previous quarter due to a less favourable
comparison basis as
well as a result of a cyclical and non-recurring slowdown of major
infrastructure
projects deliveries in Asia.
Average Billable Utilization Inter-contracts
Technical
workforce rate rate rate (1) outsourcing
size (billable (billable (EUR
staff
as days thousands)
a % of billed)
total
staff)
2004 Q1 875
78.0% 6.
The 3rd quarter for 2005 will be marked by a seasonality equivalent to
that
experienced in 2004.france saint
sciencedirect.
Elsevier ( http://www. Reed Elsevier's ticker
symbols are
REN (Euronext Amsterdam), REL (London Stock Exchange), RUK and ENL
(New York Stock Exchange).Pierre
-AndrC) de Chalendar is Appointed as Chief Operating Officer of Compagnie de Saint-Gobain
He was
then Head of the Abrasives
Division, Europe from 1992 to 1996, and President of the Abrasives Division
from 1996 to 2000. 2005 2nd Quarter Group Sales(*) up by 8% to EUR 25.4 19.5 6.6
18.5
North America 1.0
Belgium
Sub-total - 11. The Group's
Networks business reported a strong
expansion, with the value of new sales orders up 52% during this
time.5% 76.3% 3.0% NC
(1) French Engineering operations
The Board of Directors will approve the quarterly accounts on 15
September 2005. The Group is
active in
consulting and implementation services, and is a recognised specialist in
computer security
. The Group's unique know-how for developing communicating
systems for your future needs are reflected
in its control and integration of
network systems, industrial applications and real time, on-board
computing.territorial saint
Elsevier is part of
Reed Elsevier Group plc ( http://www.com/ ), a world-leading
publisher
and information provider. From 2002 to 2003,
he was President of Saint-Gobain's Abrasives and Ceramics
divisions.0%) 2.1% 18.1 (2.6%) (1.2
Switzerland / 5.9
6. The
Consulting business reported a significant return to profitability in a
stable sales
environment.
In Asia, sales were virtually unchanged.0% 77.
2005 Full Year Outlook
Groupe Silicomp has set as two objectives for 2005: organic sales growth
rate double that
of the sector and an operating profit margin of 5% to 7%.
Next release on 22 September: 2005
1st half-year results under IFRS
About Groupe Silicomp
Groupe Silicomp is a leading Information
Technology Solutions provider of
innovative, high-technology content solutions.silicomp.pierre territorial
info.
Pierre-AndrC) de Chalendar, 47, joined the Group in 1989 as
Vice-President, Corporate Planning
.4
Q2 25.6 7.7% 8.6 22.3% 22.6 43.3 31.6
%) (0.0% 4,958
Q2 946 80.pierre collectivity
Based in France, Spain, the US, the
UK,
Italy and Mexico, MediMedia MAP publishes the prestigious imprints of Masson,
Doyma and Netter
, providing medical books, journals and reference information
for the practitioner market as well
as continuing medical education and
pharmaceutical industry-sponsored communications. Working in
partnership with the global
science and health communities, Elsevier's 7,000 employees in 71 offices
worldwide publish more than 2,000 journals and 2,200 new books per year, in
addition to offering
a suite of innovative electronic products, such as
ScienceDirect ( http://www.elsevier.
Since 2003, he has been Senior Vice-President
of the Company and President of the Building Distribution
Sector.4 Million (up 14%
Under French GAAP)
Profit Forecast to Increase Significantly
MONTBONNOT SAINT MARTIN, France, Groupe
Silicomp (Paris FR0000063794) - 2005 Q2 Group
sales, under IFRS, increased by
7.3 21.0% 21.0% 22.3% 13.5
Networks
9.3 1.5
international
Group 1st half-year 48.7% for the 2nd quarter
and 18.1% for the 1st half-year.
In North America, a slight growth in sales was recorded,
primarily due to
Canadian operations.9% 2,689
Q2 886 78.3%
4.
The Group forecasts for the 2nd quarter of 2005 a profit from operations
double that
achieved in the previous quarter.flags org
reedelsevier. He had
taken up the function of Chief Operating Officer
on April 1, 2004.
(EUR millions) 2005 2004 (% change) 2004
(IFRS) (IFRS) (French
Actual Like-for-like GAAP)
Analysis of Group sales by quarter
Q1 23.6
Sub-total France 37.9 13. Sustained growth in
sales and
profit validate the Group's marketing strategy and its technological
positioning.org saint
Elsevier
and MediMedia MAP Partner in Health
com/ ), MD Consult
( http://www.com/ ) is a global business
headquartered
in Amsterdam, The Netherlands and has offices worldwide.4 million, up 8% on a constant
exchange rate basis. Profit
from operations for the 2nd quarter ended 30 June 2005 is forecast to
be
double that realised in the 1st quarter of 2005.4
Consulting 2.3
Asia
4.0 4.
Groupe Silicomp reported a modest increase in Group workforce to
946
during the 2nd quarter of 2005.0% 76.0% 4.6% 75.2% 3,292
Q3 896 79.2% 70.0% 3,078
Q4 920 79.8%
4,978
2005 Q1 931 79.
Please note that all information relative
to the impact of the
application of IFRS standards on the accounts of Groupe Silicomp is disclosed
in French at http://www.silicomp.reference org
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