# RELX Plc reaffirms outlook with strong start to 2025

- Link: https://www.directorstalkinterviews.com/relx-plc-reaffirms-outlook-with-strong-start-to-2025/4121193590
- Published: 2025-04-24T07:44:10+01:00
- Author: Amilia Stone

**[RELX plc](https://www.directorstalkinterviews.com/ftse-company/relx-plc/rel.l)**(
[LON:REL](https://www.directorstalkinterviews.com/ftse-company/relx-plc/rel.l)),
the global provider of information-based analytics and decision tools, has issued
the following update on trading ahead of the Annual General Meeting, reaffirming
the outlook for the full year.

**Highlights**

RELX has started the year well across all four business areas. Our improving long-
term growth trajectory continues to be driven by the ongoing shift in business mix
towards higher growth analytics and decision tools that deliver enhanced value to
our customers across market segments.

**Full year outlook**

The full year outlook is unchanged: 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.  

**Risk (34% of 2024 revenue)**

 * Strong underlying revenue growth continues to be driven across segments by our
   deeply embedded, AI-enabled analytics and decision tools. Business Services growth
   continues to be driven by Financial Crime Compliance and digital Fraud & Identity
   solutions and strong new sales. Insurance growth continues to be driven by the
   further extension of solution sets, supported by positive market factors and 
   new sales.
 * **Full year outlook:** We expect continued strong underlying revenue growth with
   underlying adjusted operating profit growth slightly exceeding underlying revenue
   growth.

**Scientific, Technical & Medical (32% of 2024 revenue)**

 * Good underlying revenue growth continues to be driven by the evolution of the
   business mix, with higher growth segments representing an increasing proportion
   of divisional revenue. Databases, Tools & Electronic Reference growth continues
   to be driven by higher value-add analytics and decision tools, and Primary Research
   continues to be driven by volume growth, with article submissions growing very
   strongly.
 * **Full year outlook**: We expect continued good underlying revenue growth with
   underlying adjusted operating profit growth slightly exceeding underlying revenue
   growth.

**Legal (20% of 2024 revenue)**

 * Strong underlying revenue growth continues to be driven by the shift in business
   mix towards higher growth, higher value legal analytics and tools. Lexis+AI, 
   our platform leveraging generative AI, has continued its successful roll-out 
   in the US and international markets, and Protégé, our recently launched next 
   generation generative AI assistant, has been positively received by customers.
   Renewals and new sales remain strong across all key segments.
 * **Full year outlook:** We expect continued strong underlying revenue growth with
   underlying adjusted operating profit growth exceeding underlying revenue growth.

**Exhibitions (13% of 2024 revenue)**

 * Strong underlying revenue growth continues to reflect the improved growth profile
   of our event portfolio, and we continue to make good progress on value-enhancing
   digital initiatives.
 * **Full year outlook**: RELX expect strong underlying revenue growth with an improvement
   in adjusted operating margin over the prior full year.

_Underlying growth rates are calculated at constant currencies, excluding the results
of acquisitions until twelve months after purchase, and excluding the results of
disposals and assets held for sale. Underlying revenue growth rates also exclude
exhibition cycling, and timing effects. Some figures and sub-totals add up to slightly
different amounts than the totals due to rounding._

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