RELX Posts Underlying Revenue Growth for Nine-Month Period, Backs Full-Year Outlook
By Joe Hoppe
RELX PLC said that underlying revenue growth for the year to date across the business was 8% and that it continues to see full-year underlying growth in revenue and adjusted operating profit exceeding historical trends, as momentum remains strong.
The FTSE 100-listed information-and-analytics group said on Thursday that underlying revenue growth in the first nine months of the year in the risk business was 8%, driven by its embedded analytics and decision tools across segments, and was 4% in the scientific, technical & medical business, which it said was driven by an evolution in its business mix.
The company said strong underlying growth rates in revenue and adjusted operating profit will drive strong growth in adjusted earnings per share on a constant currency basis.
Write to Joe Hoppe at joseph.hoppe@wsj.com
(END) Dow Jones Newswires
October 19, 2023 02:29 ET (06:29 GMT)
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