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Trading statements

RELX affirms FY outlook

27 October 2016 07:18

RELX Group reports continued underlying revenue growth in the first nine months of 2016 and reaffirms the outlook for the full year.

HIGHLIGHTS:

- Underlying revenue growth +4% in the first nine months of 2016

- Acquired 15 content, data and exhibition assets year to date, for a total consideration of approximately £330m, in line with prior years

- Completed approximately £670m of the previously announced £700m share buyback, with the remainder to be deployed by year end

- The full year outlook is unchanged: We are confident that we will deliver another year of underlying revenue, profit, and earnings growth in 2016.

Story provided by StockMarketWire.com

Related Company: REL

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