Make your money go further for just 25p per day

Reassuring numbers from reliable Relx

24/10/2019 · Relx (RELX) 

Financial Results FTSE 100 UK

Relx logo on board in headquarters

Reliable Relx is in our portfolio because it ticks all the boxes: decent growth, strong cash flow, impressive return on investment. Relx goes above and beyond these requirements and only faces a small number of challenges to its continued growth. This is the ultimate guide to news updates from the media giant. 

Relx (LON: REL) continues to make steady, if unspectacular progress. Another quarter of 4% revenue growth is certainly nothing to scorn for a company of this size, but whether it is enough to justify a 20 times price to forecast earnings ratio is another question. Investors seem unsure of the answer. The share price has fallen roughly £2 from its post-summer peak of £20 per share.

Still, there is nothing bad to say about third quarter numbers from the education and data giant. The science business continues to tick slowly northwards, while the exhibitions and data solutions businesses were the stars of…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login

Previous article Next article

Have your say

Log in or register to view or add comments.

For access to the top news and insights from the investment world


Become a Champion Investor for just £90 a year.


More on Relx

Fuss-free Relx is heading for the FTSE 10 in 2020

13/02/2020 · Portfolio

Relx shares have risen 8% already in 2020. These solid financial results show why – reliable…

Relx acquires US fraud detection specialist

13/01/2020 · Portfolio

The only FTSE 100 company to beat its index for nine consecutive years continues to invest…