Markets

RELX 9-month Underlying Revenue Up 4%; Affirms FY Outlook - Quick Facts

(RTTNews) - RELX Group (REL.L), a provider of information-based analytics and decision tools, reported underlying revenue growth of 4 percent in the first nine months of 2019, with some improvement in underlying metrics compared to the first half across all the four business areas.

The company said it acquired twelve assets for a total consideration of 378 million pounds year to date, and disposed of seven assets for 62 million pounds.

RELX Group also said it completed 550 million pounds of the previously announced share buyback of 600 million pounds, with the remainder to be deployed by year end.

Looking ahead, RELX Group affirmed its outlook for full year 2019. The company remains confident it will deliver another year of underlying growth in revenue and in adjusted operating profit, together with growth in adjusted earnings per share on a constant currency basis.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

RELX

Latest Markets Videos

RTTNews

Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

Learn More