Fuss-free Relx is heading for the FTSE 10 in 2020
Relx shares have risen 8% already in 2020. These solid financial results show why – reliable organic growth is bolstered by sensible M&A. Now with a market capitalisation of £39bn, it’s only just shy of Reckitt Benckiser and Vodafone – the UK’s tenth and eleventh biggest companies. We think Relx will have broken into the top ten by the end of the year.
There are three possible reasons for a FTSE 100 company’s annual results call to last just 16 minutes. First, at 7.30am not enough analysts or journalists are awake enough to ask questions or secondly, those analysts and journalists are too fixated on the potential impact of the coronavirus to worry about anything else. But as most press calls are held at the crack of dawn and Chinese events contribute just 1% of the annual revenue…
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