The RELX Plc Board declare an interim dividend of 17.0p (15.7p), an increase of +8%, returning dividend cover to 2.0x on a 12 month trailing basis.
Other financial highlights include:
- Revenue £4,499m (£3,969m), underlying growth +8%
- Adjusted operating profit £1,486m (£1,239m), underlying growth +16%
- Adjusted profit before tax £1,350m (£1,163m), constant currency growth +12%
- Adjusted EPS 56.2p (47.2p), constant currency growth +14%
- Reported operating profit £1,308m (£1,081m)
- Reported profit before tax £1,137m (£998m)
- Reported EPS 46.0p (39.5p)
- Net debt/EBITDA 2.2x; adjusted cash flow conversion 95%
- Completed two acquisitions for a total consideration of £111m
- Completed £550m of the previously announced £800m share buyback
