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Interim Results

RELX maintains profit growth

27 July 2017 08:20

RELX (REL), the professional information and analytics company, grew underlying revenues by 4% in the first half as it continued with its strategy of developing its analytics and decision tools.

Adjusted earnings per share in constant currencies and in euros grew by 8%, whereas sterling adjusted earnings per share grew 19% as a result of currency fluctuations.

Pre-tax profits grew 16% in sterling and 5% in euros.

The group increased its interim dividend by 14% to 11.7p.

Chief executive officer Erik Engstrom said: "We believe that the systematic evolution of our business has driven an improvement in our business profile and the quality of our earnings, with more predictable revenues, a higher growth profile, and improving returns."

At 8:20am: (LON:REL) RELX Plc share price was +19p at 1651p

Story provided by StockMarketWire.com

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