Thomson Reuters (TRI) Tops Q4 EPS by 53c, Revenues Miss
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Thomson Reuters Reports Fourth-Quarter and Full-Year 2020 Results
February 23, 2021 6:30 AM ESTTwo-Year Change Program Announced
Fourth-Quarter Highlights
IFRS revenues and organic revenues up 2%
"Big 3" revenues up 4%; organic revenues up 5%
IFRS operating profit up 343%
Adjusted EBITDA up 33%; adjusted EBITDA margin of 32.5%
Accelerating to 3.0: Two Powerful Levers to Drive Both Growth & Efficiencies
Holding Company to Operating Company
Content Provider to Content-Driven Technology Company
2021-2023 Outlook Provided*
Organic revenue growth of 5% - 6% in 2023
Adjusted EBITDA margin of 38% - 40% in 2023
Free cash flow of $1.8 billion -... More
