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BRIEF-Thomson Reuters Sees Organic Rev Growth Of 3.5-4.5 Pct In 2020

Published 2018-12-04, 08:52 a/m
Updated 2018-12-04, 09:00 a/m
© Reuters.  BRIEF-Thomson Reuters Sees Organic Rev Growth Of 3.5-4.5 Pct In 2020

© Reuters. BRIEF-Thomson Reuters Sees Organic Rev Growth Of 3.5-4.5 Pct In 2020

Dec 4 (Reuters) - Thomson Reuters Corp TRI.TO :

* THOMSON REUTERS CORP SEES FCF/SHARE OF ABOUT $2.40 IN 2020 - INVESTOR PRESENTATION

* THOMSON REUTERS CORP SEES ORGANIC REVENUE GROWTH OF 3.5% TO 4.5% IN 2020

* THOMSON REUTERS CORP SAYS "45% INTEREST IN REFINITIV EXPECTED TO APPRECIATE UNDER BLACKSTONE PARTNERSHIP"

* THOMSON REUTERS CORP SAYS ON TRACK TO ACHIEVE “STRANDED COSTS” TARGET

* THOMSON REUTERS CORP SAYS EVALUATING ACQUISITIONS IN CORE BUSINESSES

* THOMSON REUTERS CORP SAYS REFINITIV BELIEVES IT CAN ACHIEVE A COST SAVINGS RUN RATE OF UP TO $650 MILLION BY THE END OF 2020

* THOMSON REUTERS CORP SAYS BY 2020 AIMS TO HAVE ABOUT 23,800 FULL-TIME EMPLOYEES VERSUS ABOUT 27,000 CURRENTLY

* THOMSON REUTERS CORP SAYS BY 2020 AIMS TO HAVE ABOUT 310 PRODUCTS VERSUS ABOUT 350 CURRENTLY

* THOMSON REUTERS CORP SAYS BY 2020 AIMS TO HAVE 133 LOCATIONS VERSUS 188 LOCATIONS CURRENTLY

* THOMSON REUTERS CORP SAYS TARGETING TO REDUCE CAPEX AS PERCENT OF REVENUE TO 7-8 PERCENT IN 2020 FROM ABOUT 10 PERCENT CURRENTLY

* THOMSON REUTERS CORP SAYS FOR LEGAL PROFESSIONALS SEGMENT TARGETING REVENUE GROWTH OF 4% - 5% BY 2020 WITH GRADUAL MARGIN EXPANSION

* THOMSON REUTERS CORP SAYS FOR TAX PROFESSIONALS SEGMENT TARGETING REVENUE GROWTH OF 6% - 8% BY 2020 WITH GRADUAL MARGIN EXPANSION

* THOMSON REUTERS CORP SAYS FOR CORPORATES SEGMENT TARGETING REVENUE GROWTH OF 6% - 8% BY 2020 WHILE GROWING MARGINS

* THOMSON REUTERS CORP SAYS ESTIMATE THAT EVERY $1 BILLION OF VALUE ATTRIBUTED TO THE 45% STAKE IN REFINITIV IS WORTH ABOUT $2 PER SHARE TO THOMSON REUTERS

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