Relx plc (REL)

Sector:

Media

Index:

FTSE 100

2,246.00p
   
  • Change Today:
    -4.00p
  • 52 Week High: 2,274.00
  • 52 Week Low: 1,527.50
  • Currency: UK Pounds
  • Shares Issued: 1,934.48m
  • Volume: 2,194,087
  • Market Cap: £43,448m
  • RiskGrade: 128
  • Beta: 0.02

RELX reports good start to 2021 for main businesses

By Sean Farrell

Date: Thursday 22 Apr 2021

LONDON (ShareCast) - (Sharecast News) - RELX said it expected its three main businesses had started the year well but that the outlook was unclear for its exhibitions division with the Covid-19 pandemic continuing.
The analytics and information group reaffirmed its full-year outlook and said it expected trends to be similar to 2019. RELX shares rose 1.6% at 08:39 BST to £19.51 - their highest value since late February 2020.

The FTSE 100 company said its scientific, technical and medical division had good revenue growth from electronic products so far in 2021 and print revenue had stabilised. Underlying revenue will increase modestly with growth in underlying adjusted operating profit slightly stronger, it said.

The risk division will have strong revenue and profit growth after performance stepped up from mid-March, RELX said. Legal is set for a year of modest revenue growth and profit growth exceeding that rate.

Those three units make up 5% of 2020 revenue. The exhibitions business was hit by the Covid-19 crisis and has held 56 events so far in 2021, mainly in China and Japan. RELX said the pandemic would continue to affect physical events and the outlook was uncertain.

We continue to expect each of our three largest business areas ... to deliver another year of underlying revenue and adjusted operating profit growth in 2021, similar to pre-Covid-19 trends," RELX said in a statement before its annual general meeting. "The timing and pace of recovery in exhibitions remains uncertain."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Reed Elsevier Market Data

Currency UK Pounds
Share Price 2,246.00p
Change Today -4.00p
% Change -0.18 %
52 Week High 2,274.00
52 Week Low 1,527.50
Volume 2,194,087
Shares Issued 1,934.48m
Market Cap £43,448m
Beta 0.02
RiskGrade 128

Reed Elsevier Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
79.47% below the market average79.47% below the market average79.47% below the market average79.47% below the market average79.47% below the market average
42.31% below the sector average42.31% below the sector average42.31% below the sector average42.31% below the sector average42.31% below the sector average
Price Trend
58.42% above the market average58.42% above the market average58.42% above the market average58.42% above the market average58.42% above the market average
22.81% above the sector average22.81% above the sector average22.81% above the sector average22.81% above the sector average22.81% above the sector average
Income
22.22% below the market average22.22% below the market average22.22% below the market average22.22% below the market average22.22% below the market average
23.81% above the sector average23.81% above the sector average23.81% above the sector average23.81% above the sector average23.81% above the sector average
Growth
17.23% below the market average17.23% below the market average17.23% below the market average17.23% below the market average17.23% below the market average
7.41% below the sector average7.41% below the sector average7.41% below the sector average7.41% below the sector average7.41% below the sector average

What The Brokers Say

Strong Buy 10
Buy 1
Neutral 6
Sell 1
Strong Sell 0
Total 18
buy
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Reed Elsevier Dividends

  Latest Previous
  Interim Final
Ex-Div n/a 29-Apr-21
Paid n/a 03-Jun-21
Amount 14.30p 33.40p

Trades for 22-Oct-2021

Time Volume / Share Price
16:38 323 @ 2,246.00p
16:38 500 @ 2,246.00p
16:38 10,000 @ 2,246.00p
16:37 3,971 @ 2,246.00p
16:36 6,029 @ 2,246.00p

Reed Elsevier Key Personnel

CEO Erik Engstrom
CFO N L Luff
Chair Paul Walker

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