Nine month trading update – RELX

infodocketGARY's bookmarks 2021-10-21

Summary:

 

Scientific, Technical & Medical (37% of H1 2021 revenue)

  • Underlying revenue growth +4%
  • Electronic revenue, 87% of the divisional total, continued to grow well, while print revenue remained stable. Primary Research growth was driven by continued market share gains in both subscription and open access payment models. Databases & tools and e-reference continued to grow strongly.
  • Full year outlook: We expect underlying revenue growth to be slightly above historical trends, with underlying adjusted operating profit growth slightly exceeding underlying revenue growth.

Link:

https://www.relx.com/media/press-releases/year-2021/nine-month-trading-update

From feeds:

Open Access Tracking Project (OATP) » infodocketGARY's bookmarks

Tags:

oa.new oa.publishers oa.elsevier oa.relx oa.publishing oa.business_models oa.subscriptions oa.revenues oa.profits

Date tagged:

10/21/2021, 10:04

Date published:

10/21/2021, 06:04