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.