RELX Group PLC : Let’s try to slowly turn the page
>FY20 results marginally ahead of consensus - RELX reported FY20 revenues of GBP 7,110m (consensus GBP 7,125m, we at GBP 7,108m) and adjusted operating profit of GBP 2,076m (consensus GBP 2,055m, we at GBP 2,047m, so a 1% beat). STM, Legal and R&BA (now called Risk), together 95% of the group, grew revenues by 2%, while adjusted operating profit went up 4%. This is all in line with earlier guidance and expectations. The Exhibitions business reported a revenue decline ...RELX is a holding company. Through its subsidiaries, Co. operates in four market segments: Scientific, Technical and Medical, which is a global information and analytics business that helps institutions and professionals advance healthcare, open science, and improve performance for the benefit of humanity; Risk and Business Analytics, which provides customers with solutions and decision tools that combine public and industry specific content with advanced technology; Legal, which is a provider of legal, regulatory and business information and analytics; and Exhibitions, which the events business improve the power of face-to-face through data and digital tools.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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