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Global provider of information-based analytics and decision tools Relx reported underlying growth in revenue, operating profit and earnings in the first half of 2019 as it reaffirmed its full-year outlook.
The company's revenue climbed 6% to £3.888bn with underlying growth up 3% in the six months to 30 June. The company attributed this to healthy growth in electronic and face-to-face revenues and the further development of its analytics and decision tools, which werepartially offset by continued print revenue declines.
Meanwhile, adjusted operating profit rose 8% to £1.240bn.
Looking forward, the firm said it 'remained confident" that by continuing to execute on its strategy, it would deliver another year of underlying growth in revenue and adjusted operating profit, together with growth in adjusted earnings per share on a constant currency basis in 2019.
'As we enter the second half of 2019 key business trends for the full year are in line with the full year 2018,' said CEO Erik Engstrom.
The company said it would pay an interim dividend of 13.6p, an increase of 10%.
At 8:25am: (LON:REL) RELX Plc share price was -84p at 1855p