Nine Month Trading Update - 2015

Nine Month Trading Update - 2015


RELX Group, the global professional information company, reports continued underlying revenue growth in the first nine months of 2015 and reaffirms the outlook for the full year.

  • Underlying revenue growth +3% in the first nine months of 2015
  • Acquired 14 content, data and exhibition assets year to date, for a total consideration of £91m, with several additional transactions nearing completion. Disposed of 11 assets for £72m
  • Completed £425m of the previously announced £500m share buyback, with the remaining £75m to be deployed by year end
  • The full year outlook is unchanged: We are confident that 2015 will be another year of underlying revenue, profit, and earnings growth

Scientific, Technical & Medical

Risk & Business Information



Underlying figures are additional performance measures used by management, and are calculated at constant currencies, excluding the results of all acquisitions and disposals made in both the year and prior year, assets held for sale, exhibition cycling, and timing effects.


ENQUIRIES:   Colin Tennant (Investors)

+44 (0)20 7166 5751

  Paul Abrahams (Media)

+44 (0)20 7166 5724


This Results Announcement contains forward-looking statements within the meaning of Section 27A of the US Securities Act of 1933, as amended, and Section 21E of the US Securities Exchange Act of 1934, as amended. These statements are subject to a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those currently being anticipated. The terms “outlook”, “estimate”, “project”, “plan”, “intend”, “expect”, “should be”, “will be”, “believe”, “trends” and similar expressions identify forward-looking statements. Factors which may cause future outcomes to differ from those foreseen in forward-looking statements include, but are not limited to, competitive factors in the industries in which RELX Group operates; demand for RELX Group’s products and services; exchange rate fluctuations; general economic and business conditions; legislative, fiscal, tax and regulatory developments and political risks; the availability of third party content and data; breaches of our data security systems and interruptions in our information technology systems; changes in law and legal interpretations affecting RELX Group’s intellectual property rights and other risks referenced from time to time in the filings of RELX Group with the US Securities and Exchange Commission.

About RELX Group:

RELX Group is a world‐leading provider of information solutions for professional customers across industries. The group employs about 28,500 people of whom half are in North America. RELX PLC, the London Stock Exchange listed shareholding vehicle, holds 52.9% of the shares in RELX Group. RELX NV, the Amsterdam Stock Exchange listed shareholding vehicle, holds 47.1% of the shares in RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. The total market capitalisation is approximately £24bn / €32bn / $37bn*.

*Note: Current market capitalisation can be found at