Highlights
- Revenue Growth: £9.43 billion in revenue, reflecting a 7% underlying increase.
- Profitability Boost: Adjusted operating profit rose 10% to £3.2 billion; adjusted EPS up 9%.
- Capital Returns & Expansion: £1 billion share buyback completed; five acquisitions worth £195 million.
RELX (LSE:REL), a global leader in information-based analytics and decision tools, has reported robust financial results for 2024, achieving £9.43 billion in revenue, representing a 7% underlying growth from the previous year. The company also saw a 10% increase in adjusted operating profit to £3.2 billion, reinforcing its strong financial position.
Strong Earnings & Shareholder Returns
RELX delivered an adjusted earnings per share (EPS) of 120.1p, marking a 9% growth at constant currency, while reported EPS increased to 103.6p. The company also declared a full-year dividend of 63.0p per share, up 7% from 2023.
The £1 billion share buyback program was successfully completed, demonstrating RELX’s commitment to returning value to shareholders.
Strategic Investments & Portfolio Adjustments
In 2024, RELX actively reshaped its portfolio with five acquisitions totaling £195 million and seven disposals generating £95 million, further aligning its business with high-growth opportunities.
With net debt-to-EBITDA at 1.8x and an adjusted cash flow conversion of 97%, the company maintains a strong balance sheet, providing flexibility for future investments and shareholder distributions.
2025 Outlook: Continued Growth Expected
Looking ahead, RELX anticipates another strong year in 2025, expecting continued revenue and adjusted operating profit growth, alongside a further rise in adjusted earnings per share on a constant currency basis.