Description

RELX PLC: Strong reception to new product launches & 5 other factors driving growth in 2024!

RELX, a multinational information and analytics company, presented its strong financial results for 2023 and outlined its future strategies. The company reported an underlying revenue growth of 8% and an adjusted operating profit growth of 13%. The full year dividend in pound sterling saw a proposed 8% increase. All of RELX’s four business areas, namely Risk, Business Services, Insurance, Specialized industry data services, STM, and Legal, performed commendably throughout 2023. In the Risk sector, revenue growth was noted at 8%, with the operating profit growth at 9%. The Business Services department, accounting for about 45% of the divisional revenue, saw growth driven by digital fraud and financial crime compliance solutions. The Insurance sector, making up just under 40% of the divisional revenue, also reported strong growth, riding on the expansion of solution sets across markets.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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