Reed Elsevier Profit Little Changed as Markets Recover

Reed Elsevier Plc, the owner of the LexisNexis database, expects its margins to gradually improve in 2011 as many of its markets have started to recover.

The London-based company reported 2010 adjusted net income of 983 million pounds ($1.6 billion) earlier today, from 982 million pounds a year earlier. Analysts surveyed by Bloomberg had predicted 980 million pounds. Revenue was little changed at