Strong Financial Performance
The company delivered strong financial results with underlying revenue growth of 7%, underlying adjusted operating profit growth of 9%, and adjusted earnings per share growth of 10% at constant currency. The interim dividend was increased by 7%.
Risk Segment Growth
Risk segment achieved an 8% underlying revenue growth and 9% underlying adjusted operating profit growth. The growth is driven by AI-enabled analytics and decision tools with 90% of divisional revenues from machine-to-machine interactions.
Legal Segment Expansion
Legal segment saw a 9% underlying revenue growth, driven by higher-value legal analytics. The adjusted operating profit growth was 11%. Lexis+ AI continues to grow successfully in the U.S. and international markets.
Exhibitions Segment Recovery
Exhibitions delivered underlying revenue growth of 8%, with margins significantly above pre-pandemic levels. The adjusted operating profit growth was 9%.
Cash Conversion and Debt Management
Cash conversion was strong at 100%, and leverage was managed at 2.2x. The company spent GBP 262 million on acquisitions and continued a GBP 1.5 billion share buyback program.