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