RELX, the global provider of information-based analytics and decision tools, reports results for 2023.

2023 highlights

Ø Revenue £9,161m (£8,553m), underlying growth +8%

Ø Adjusted operating profit £3,030m (£2,683m), underlying growth +13%

Ø Adjusted EPS 114.0p (102.2p), constant currency growth +11%

Ø Reported operating profit £2,682m (£2,323m)

Ø Reported EPS 94.1p (85.2p)

Ø Proposed full year dividend 58.8p (54.6p) +8%

Ø Net debt/EBITDA 2.0x; adjusted cash flow conversion 98%

Ø Completed six acquisitions for a total consideration of £130m

Ø Completed £800m share buyback

2024 outlook

Ø We continue to see positive momentum across the group, and we expect another year of strong underlying growth in revenue and adjusted operating profit, as well as strong growth in adjusted earnings per share on a constant currency basis.

Chief Executive Officer, Erik Engstrom, commented:

“RELX delivered strong revenue and profit growth in 2023, driven by the ongoing shift in business mix towards higher growth information based analytics and decision tools that deliver enhanced value to our customers across market segments.”

“We have been able to develop and deploy these tools across the company for well over a decade by leveraging deep customer understanding to combine leading content and data sets with powerful technologies. We are confident that our ability to leverage artificial intelligence and other technologies, as they evolve, will continue to be an important driver of customer value and growth in our business for many years to come.”

“In recognition of our strong performance and outlook for the company we are proposing an 8% increase in the full year dividend to 58.8p (54.6p).”

see & read more omn
https://otp.tools.investis.com/clients/uk/relx_group_plc/rns/regulatory-story.aspx?cid=1436&newsid=1788113

tijd 10.14
RELX EUR 39,34 + 31ct vol.155.000

tijd 12.23
Relx EUR 38,57 -46 ct na de stijging van boven de EUR 40,35
De cijfers vielen analisten mee. DUS moeten er nu posities gekeerd worden (lees in de Opties, een bekend beeld). Dus moeten de prijs even gedrukt worden, om in te slaan dat niet veel extra geld gaat kosten voor hen, die het "TREFFEN" !

wat zei de CEO Van RELX?
Relx-ceo Erik Engstrom spreekt van ’sterke omzet- en winstgroei’ over het afgelopen jaar. Voor 2024 rekent hij op een ’sterke onderliggende omzetgroei’.