Strong Financial Performance
Underlying revenue growth was 7%, with underlying adjusted operating profit growth at 9%. Adjusted earnings per share grew by 10% at constant currency. The interim dividend increased by 7% to 19.5p per share.
Growth in Business Segments
Risk segment saw an 8% increase in underlying revenue growth, STM grew by 5%, Legal improved to 9%, and Exhibitions delivered an 8% growth. Each segment showed positive trends with strong product rollouts and market factors.
Successful Strategic Transition
The company successfully transitioned from print to electronic formats, with print revenues now only 4% of total revenue, down from 64% over 25 years.
Strong Cash Conversion
Cash conversion was robust at 100%, and leverage was at 2.2x, reflecting strong cash flow management.