Thomson Reports Strong Fourth-Quarter and Full-Year 2006 Results

Thomson is doing well.

Thomson Corp reported today that its 2006 revenues increased 8%, to $6.6 billion, and operating profit increased 7%, to $1.3 billion. For the fourth quarter of 2006, revenues increased 8% to $1.9 billion, led by its Legal and Regulatory segment.

Revenue highlights by business segment:

Legal and Regulatory
Revenues increased 8% in both the fourth quarter and full year, to $1 billion and $3.6 billion. In the fourth quarter, legal products and services achieved a solid revenue growth of 7%, led by US Westlaw. The fourth quarter revenues for Tax and Accounting products grew 12%, led by Checkpoint.

Financial
Revenues increased 6% in the fourth quarter to $526 million. The full-year 2006 revenues increased 6%, to $2 billion. This was mainly driven by the product Thomson ONE.

Thomson expects to continue its strong financial performance in 2007 and 2008.

For information on the other segments, see the Thomson press release.