Why Invest
Key Operating and Competitive Advantages
We derive the majority of our revenues from selling electronic content and services to professionals, primarily on a subscription basis. Our businesses provide solutions, software and workflow tools which integrate our core data and information. Some of our key operating and competitive advantages:
Industry Leader
- #1 or #2 positions in key Legal, Corporates & Tax & Accounting market segments
- Deep and broad industry knowledge
- Products and services tailored for professionals
Balanced & Diversified
- Distinct core customer group revenues:
- Legal Professionals
- Corporates
- Tax Professionals
- Reuters News
- Global Print
- Geographical diversity by revenues:
- 84% from the Americas
- 12% from Europe, the Middle East and Africa
- 4% from Asia Pacific
- No single customer accounted for more than 1% of our 2018 revenues
- Technology and operating platforms are built to address the global marketplace
Attractive Business Model
- 75% of total revenue is recurring
- 87% of total revenue is delivered electronically or as a software & services
- Strong & consistent cash generation capabilities
Strong Competitive Positioning
- Proprietary databases and deeply embedded workflow tools and analytics
- Technology and operating platforms are built to address the global marketplace
Disciplined Financial Policies
- Focus on Free Cash Flow growth and Free Cash Flow per Share
- Maintain strong and stable capital structure
- Balance investing in business and returning capital to shareholders
- Committed to maintaining solid investment grade credit rating
*As of 12/31/2018