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RELX plc ( (GB:REL) ) has issued an update.
RELX plc reported strong financial results for 2024, with a 7% revenue increase to £9,434m and a 10% rise in adjusted operating profit to £3,199m. The company’s strategic focus on higher growth analytics and decision tools has been a key driver of its success, with plans for continued investment in these areas. The company also completed significant share buybacks and maintained a strong cash flow conversion. Looking ahead, RELX anticipates continued positive momentum and strong growth in revenue and profit in 2025, underscoring its robust market position.
More about RELX plc
RELX plc is a global provider of information-based analytics and decision tools, focusing on delivering enhanced value to customers across various market segments through innovative analytics and decision tools driven by artificial intelligence and other technologies.
YTD Price Performance: 12.68%
Average Trading Volume: 4,432
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $93.99B
Find detailed analytics on REL stock on TipRanks’ Stock Analysis page.
