AGM Trading Update
LONDON–(BUSINESS WIRE)–Regulatory News:
News release
25 April 2019
AGM TRADING UPDATE
RELX, the global provider of information based analytics and decision
tools, has issued the following update on trading ahead of the Annual
General Meeting, reaffirming the outlook for the full year.
- Key business trends in 2019 remain broadly consistent with full year
2018 across our business and the full year outlook is unchanged - We continue to focus on the organic development of increasingly
sophisticated information-based analytics and decision tools that
deliver enhanced value to our customers - We also continue to reshape our portfolio, targeting selective
acquisitions that support our organic growth strategies. Year to date
we have completed five acquisitions for a total consideration of £236m - We have now completed £250m of the previously announced £600m share
buyback, with the remaining £350m to be deployed by year end - Full year outlook unchanged: We are confident that, by
continuing to execute on our strategy, we 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
DISCLAIMER REGARDING FORWARD-LOOKING STATEMENTS
This Announcement contains forward-looking statements within the meaning
of Section 27A of the US Securities Act of 1933, as amended, and Section
21E of the US Securities Exchange Act of 1934, as amended. These
statements are subject to risks and uncertainties that could cause
actual results or outcomes of RELX PLC (together with its subsidiaries,
“RELX”, “we” or “our”) to differ materially from those expressed in any
forward-looking statement. The terms “outlook”, “estimate”, “project”,
“plan”, “intend”, “expect”, “should”, “will”, “believe”, “trends” and
similar expressions may indicate a forward-looking statement. Important
factors that could cause actual results or outcomes to differ materially
from estimates or forecasts contained in the forward-looking statements
include, among others, current and future economic, political and market
forces; changes in law and legal interpretations affecting RELX
intellectual property rights and internet communications; regulatory and
other changes regarding the collection, transfer or use of third-party
content and data; demand for RELX products and services; competitive
factors in the industries in which RELX operates; ability to realise the
future anticipated benefits of acquisitions; significant failure or
interruption of our systems; compromises of our data security systems or
other unauthorised access to our databases; legislative, fiscal, tax and
regulatory developments and political risks; exchange rate fluctuations;
and other risks referenced from time to time in the filings of RELX PLC
with the US Securities and Exchange Commission.
Notes for Editors
About RELX
RELX is a global provider of information-based analytics and decision
tools for professional and business customers. The Group serves
customers in more than 180 countries and has offices in about 40
countries. It employs over 30,000 people of whom almost half are in
North America. The shares of RELX PLC, the parent company, are traded on
the London, Amsterdam and New York stock exchanges. The shares are
traded using the following ticker symbols: London: REL; Amsterdam: REN;
New York: RELX. The total market capitalisation is approximately
£34bn/€39bn/$44bn.
Contacts
ENQUIRIES:
Colin Tennant (Investors)
+44 (0)20
7166 5751
Paul Abrahams (Media)
+44 (0)20 7166 5724
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