9 13 Reed Reed NNP 14 27 International International NNP 28 31 PLC PLC NNP 32 36 said say VBD 37 41 that that DT 42 45 net net JJ 46 52 income income NN 53 56 for for IN 57 60 the the DT 61 64 six six CD 65 71 months month NNS 72 77 ended end VBN 78 82 Oct. Oct. NNP 83 84 1 1 CD 85 92 slipped slip VBD 93 94 5 5 CD 94 95 % % NN 96 98 to to TO 99 100 # # # 100 104 89.7 89.7 CD 105 112 million million CD 113 114 ( ( ( 114 115 $ $ $ 115 120 141.9 141.9 CD 121 128 million million CD 128 129 ) ) ) 129 130 , , , 131 133 or or CC 134 136 16 16 CD 137 142 pence pence NN 143 144 a a DT 145 150 share share NN 150 151 , , , 152 156 from from IN 157 158 # # # 158 162 94.8 94.8 CD 163 170 million million CD 171 172 ( ( ( 172 173 $ $ $ 173 178 149.9 149.9 CD 179 186 million million CD 186 187 ) ) ) 187 188 , , , 189 191 or or CC 192 196 17.3 17.3 CD 197 202 pence pence NN 203 204 a a DT 205 210 share share NN 210 211 . . . 214 217 The the DT 218 225 British british JJ 226 231 paper paper NN 231 232 , , , 233 242 packaging packaging NN 243 246 and and CC 247 257 publishing publishing NN 258 265 concern concern NN 265 266 , , , 267 271 said say VBD 272 278 profit profit NN 279 283 from from IN 284 294 continuing continue VBG 295 300 lines line NNS 301 305 fell fall VBD 306 308 10 10 CD 308 309 % % NN 310 312 to to TO 313 314 # # # 314 317 118 118 CD 318 325 million million CD 326 330 from from IN 331 332 # # # 332 337 130.6 130.6 CD 338 345 million million CD 345 346 . . . 349 354 While while IN 355 360 there there EX 361 365 were be VBD 366 368 no no DT 369 377 one-time one-time JJ 378 383 gains gain NNS 384 386 or or CC 387 393 losses loss NNS 394 396 in in IN 397 400 the the DT 401 407 latest late JJS 408 414 period period NN 414 415 , , , 416 421 there there EX 422 425 was be VBD 426 427 a a DT 428 436 one-time one-time JJ 437 441 gain gain NN 442 444 of of IN 445 446 # # # 446 448 18 18 CD 449 456 million million CD 457 459 in in IN 460 463 the the DT 464 468 1988 1988 CD 469 475 period period NN 475 476 . . . 477 480 And and CC 481 486 while while IN 487 492 there there EX 493 496 was be VBD 497 499 no no DT 500 506 profit profit NN 507 511 this this DT 512 516 year year NN 517 521 from from IN 522 534 discontinued discontinue VBN 535 545 operations operation NNS 545 546 , , , 547 551 last last JJ 552 556 year year NN 557 561 they they PRP 562 573 contributed contribute VBD 574 575 # # # 575 577 34 34 CD 578 585 million million CD 585 586 , , , 587 593 before before IN 594 597 tax tax NN 597 598 . . . 601 607 Pretax pretax JJ 608 614 profit profit NN 615 619 fell fall VBD 620 623 3.7 3.7 CD 623 624 % % NN 625 627 to to TO 628 629 # # # 629 632 128 128 CD 633 640 million million CD 641 645 from from IN 646 647 # # # 647 650 133 133 CD 651 658 million million CD 659 662 and and CC 663 666 was be VBD 667 672 below below IN 673 681 analysts analyst NNS 681 682 ’ ' POS 683 695 expectations expectation NNS 696 698 of of IN 699 700 # # # 700 703 130 130 CD 704 711 million million CD 712 714 to to TO 715 716 # # # 716 719 135 135 CD 720 727 million million CD 727 728 , , , 729 732 but but CC 733 739 shares share NNS 740 744 rose rise VBD 745 746 6 6 CD 747 752 pence pence NN 753 755 to to TO 756 759 388 388 CD 760 765 pence pence NN 766 768 in in IN 769 774 early early JJ 775 782 trading trading NN 783 792 yesterday yesterday NN 793 795 in in IN 796 802 London London NNP 802 803 . . . 806 810 Reed Reed NNP 811 813 is be VBZ 814 820 paying pay VBG 821 823 an an DT 824 831 interim interim JJ 832 840 dividend dividend NN 841 843 of of IN 844 847 4.6 4.6 CD 848 853 pence pence NN 853 854 , , , 855 857 up up RB 858 860 15 15 CD 860 861 % % NN 862 866 from from IN 867 868 4 4 CD 869 874 pence pence NN 875 876 a a DT 877 881 year year NN 882 889 earlier earlier RBR 889 890 . . . 893 898 Sales sale NNS 899 903 fell fall VBD 904 906 20 20 CD 906 907 % % NN 908 910 to to TO 911 912 # # # 912 915 722 722 CD 916 923 million million CD 923 924 . . . 927 935 Earnings earning NNS 936 940 were be VBD 941 945 hurt hurt VBN 946 948 by by IN 949 957 disposal disposal NN 958 960 of of IN 961 971 operations operation NNS 972 974 in in IN 975 978 its its PRP$ 979 992 restructuring restructuring NN 992 993 , , , 994 998 Reed Reed NNP 999 1003 said say VBD 1003 1004 . . .