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Royal Swets & Zeitlinger operating results reach 44.3 million euros
- To: liblicense-l@lists.yale.edu
- Subject: Royal Swets & Zeitlinger operating results reach 44.3 million euros
- From: Ann Okerson <aokerson@pantheon.yale.edu>
- Date: Mon, 1 Jul 2002 17:52:45 -0400 (EDT)
- Reply-To: liblicense-l@lists.yale.edu
- Sender: owner-liblicense-l@lists.yale.edu
Date: Mon, 1 Jul 2002 15:38:40 +0200 From: Sarah Kellman <skellman@swets.nl> To: 'Editors' <press@nl.swetsblackwell.com> Subject: Royal Swets & Zeitlinger operating results reach 44.3 million euros PRESS RELEASE Lisse, the Netherlands July 1, 2002 Royal Swets & Zeitlinger operating results reach 44.3 million euros Royal Swets & Zeitlinger Holding, the world's largest provider of scientific and professional information, today announced its results for 2001. The company's operating results for 2001 rose significantly by 28% to 44.3 million euros, compared to 34.7 million euros in 2000. Swets & Zeitlinger's 2001 net profits reached 24.5 million euros, a slight increase over the 2000 figure of 24.3 million euros caused by non-recurring charges of 3.2 million euros. Swets & Zeitlinger achieved the turnover figure of 1.1 billion euros, a slight increase of 1.3% compared with the 2000 figure of 1.1 billion euros. The number of subscriptions handled by Swets Blackwell, the holding company's largest division, heavily influenced this turnover figure. By expanding its range of internet services to the business market, Swets & Zeitlinger expects to see significant growth in the years ahead. Chief among the new services introduced is SwetsWise, a web-based service for the procurement, access and management of subscriptions and online information launched by the company's Swets Blackwell division. The service gives Swets Blackwell's librarian and purchasing professional clients direct access via the internet or an e-procurement system to a catalog of 250,000 serial publication titles. More information about the new service can be found at www.swetsblackwell.com/swetswise <http://www.swetsblackwell.com/swetswise> Swets & Zeitlinger expects that its operating results will rise significantly in 2002 compared to the year 2001. Net profits which were affected by non-recurring charges in 2001 will also rise significantly in 2002. Swets & Zeitlinger is a global publishing and information group that operates in 21 countries with a staff of over 1,200. Its head office is located in Lisse, the Netherlands. Their professional services, which comprise the provision and management of both print and electronic information, are spread across six divisions: Extenza, Swets Blackwell, Swets & Zeitlinger Publishers, Swets Farrington Document Systems, Swets Test International and Swets Backsets Service. Find out more by visiting www.swets.nl <http://www.swets.nl> # # # For more information please contact: Sarah Kellman Royal Swets & Zeitlinger Tel: + 31 (0)252 435 584 Email: press@swets.nl <mailto:press@swets.nl>
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