RELX plc ( (RLXXF) ) has released its Q4 earnings. Here is a breakdown of the information RELX plc presented to its investors.
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RELX plc is a global leader in providing information-based analytics and decision tools across various industries, including risk, scientific, technical, medical, legal, and exhibitions. The company leverages advanced technologies such as artificial intelligence to enhance its offerings.
In its 2024 earnings report, RELX plc showcased impressive financial performance, with strong revenue and profit growth driven by strategic investments and business mix shifts towards higher growth segments. The company reported a 7% increase in underlying revenue and a 10% rise in adjusted operating profit.
Key financial metrics included a revenue increase to £9,434 million and an adjusted operating profit of £3,199 million, reflecting a 6% growth at constant currency. The company also completed significant share buybacks and proposed a 7% increase in its full-year dividend. Strategic acquisitions and disposals marked its portfolio development efforts.
Looking ahead, RELX management remains optimistic about continuing its growth trajectory. They anticipate strong underlying growth in revenue and adjusted operating profit, driven by ongoing advancements in analytics and decision tools, positioning the company for sustained success in the coming year.
