Relx Plc

RELX reports an organic revenue increase of 7 percent for the first nine months and thus maintains growth into the third quarter. Management confirms the full-year guidance. The announced share buyback programme is extended by a further tranche of £125 million until early December. The stock is recovering from a February low after earlier weakness driven by concerns over AI. » More on finanzen.net

RELX reported 7% organic revenue growth for the first nine months and maintained that pace in the third quarter. Management confirmed the annual outlook and is continuing the share buyback program announced in February, with a further tranche of £125 million until early December. The stock eased slightly in London; earlier worries about the impact of artificial intelligence had weighed on the price. Over the past ten years the market value has more than doubled to almost £52 billion. » More on finanzen.net

The specialist publisher and database provider RELX reported organic revenue growth of 7 percent in the first six months to just under £4.9 billion. Adjusted operating profit rose organically by 9 percent to £1.7 billion and was broadly in line with analysts' expectations. CEO Erik Engstrom expects the positive trend to continue. The stock eased slightly after an initially strong session. » More on finanzen.net