Welcome to the Wacky World of Thomson Reuters
Written by: Your Friendly Neighborhood Blogger
Hey there, fellow readers! Today, let’s dive into the exciting world of Thomson Reuters and their latest financial report for the fourth quarter and full year ending December 31, 2024. Hold onto your hats, because we’re in for a wild ride!
A Glimpse into the Numbers
According to the report, Thomson Reuters saw some impressive revenue growth in the fourth quarter and full year of 2024. Total company and organic revenues were up by 7% and 5% respectively. The “Big 3” segments – Legal Professionals, Corporates, and Tax & Accounting Professionals – saw an even more substantial increase with organic revenues up by 8%. Talk about making it rain!
Not only did Thomson Reuters meet their full-year 2024 outlook for total company organic revenue growth, adjusted EBITDA margin, and free cash flow, but they also exceeded expectations for the “Big 3” segments. Looking ahead to 2025, the company anticipates organic revenue growth of approximately 7.0 – 7.5% and an adjusted EBITDA margin of around 39%. And let’s not forget the 32nd consecutive annual increase in dividend per share – 10% higher this time around!
Embracing Innovation
Steve Hasker, President and CEO of Thomson Reuters, expressed his excitement about the progress made in 2024. He highlighted the company’s dedication to innovation, with the launch of new product capabilities and enhancements across their portfolio. One such move was the acquisition of SafeSend for $600 million in January 2025, aimed at expanding tax automation capabilities. Looks like Thomson Reuters is gearing up for some serious growth!
How Does This Affect You?
So, you might be wondering – how does all this financial jargon affect me, the average Joe or Jane? Well, for starters, if you’re a shareholder of Thomson Reuters, you can expect some nice returns with the increase in dividend per share. Additionally, if you’re a user of their products and services, you can look forward to even more cutting-edge innovations to make your life easier. It’s a win-win situation!
Impact on the World
Now, let’s zoom out and look at the bigger picture. The success of Thomson Reuters doesn’t just benefit the company and its stakeholders – it has a ripple effect on the world as a whole. By investing in new technologies and expanding their offerings, Thomson Reuters is helping to drive global innovation and push boundaries in the fields of law, finance, and accounting. Who knows what groundbreaking discoveries lie ahead?
In Conclusion
As we wrap up our whirlwind tour of Thomson Reuters and their latest financial report, one thing is abundantly clear – this is a company on the move. With a commitment to innovation, strong revenue growth, and a finger on the pulse of the ever-evolving market, Thomson Reuters is setting the stage for a bright future. So, buckle up and get ready for the ride – it’s going to be one heck of a journey!