Announcement • Apr 23
Relx plc Reaffirms Earnings Guidance for the Year 2026 RELX PLC reaffirmed earnings guidance for the year 2026. For the year, the company continue to see positive momentum across the group, and expect another year of strong underlying growth in revenue. Announcement • Feb 13
RELX PLC, Annual General Meeting, Apr 23, 2026 RELX PLC, Annual General Meeting, Apr 23, 2026. Announcement • Dec 08
RELX PLC to Report Fiscal Year 2025 Results on Feb 12, 2026 RELX PLC announced that they will report fiscal year 2025 results on Feb 12, 2026 Announcement • Oct 23
RELX PLC Reaffirms Earnings Guidance for the Full Year 2025 RELX PLC reaffirmed earnings guidance for the full year 2025. For the year, the company expects continued strong underlying revenue growth with underlying adjusted operating profit growth slightly exceeding underlying revenue growth. Announcement • Jun 04
Relx plc Declares Final Dividend for the Year Ended 31 December 2024, Payable on 19 June 2025 RELX PLC announced the Euro equivalent amount in respect of the final dividend of 44.8 pence per share for the year ended 31 December 2024, which was announced on 13 February 2025 and approved by shareholders at the Company's Annual General Meeting on 24 April 2025. Shareholders who hold their shares through Euroclear Nederland will receive a dividend in Euro of 0.531 per share, unless they have elected to receive their dividend in Pounds Sterling. Shareholders who validly submitted a dividend currency election by 27 May 2025 to receive their dividend in Pounds Sterling will receive a dividend of 44.8 pence per share. Shareholders who appear on the Register of Members or hold their shares through CREST will receive a dividend in Pounds Sterling of 44.8 pence per share, unless they have elected to receive their dividend in Euro. Shareholders who validly submitted a dividend currency election by 27 May 2025 to receive their dividend in Euro will receive a dividend of 0.531 per share. The dividend is payable on 19 June 2025. Announcement • Feb 14
RELX PLC, Annual General Meeting, Apr 24, 2025 RELX PLC, Annual General Meeting, Apr 24, 2025. Announcement • Feb 13
RELX PLC Announces Retirement of Robert Macleod to Its Board RELX PLC announced AGM to be held on 24 April 2025 and the retirement of Robert MacLeod from the Board. Having served as a Non-Executive Director since 2016, and currently holding the role of Chair of the Remuneration Committee, Robert MacLeod will retire from the Board following the conclusion of the Company's AGM. Announcement • Oct 26
RELX PLC Reaffirms Outlook for the Full Year 2024 RELX PLC reaffirmed outlook for the full year 2024. For the full year the company reaffirms another year of strong underlying growth in revenue. New Risk • Oct 15
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 14% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (210% net debt to equity). Shareholders have been diluted in the past year (14% increase in shares outstanding). Buy Or Sell Opportunity • Jul 29
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to €44.12. The fair value is estimated to be €36.68, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 5.8% per annum. Earnings are also forecast to grow by 8.2% per annum over the same time period. Declared Dividend • Jul 28
First half dividend of UK£0.18 announced Shareholders will receive a dividend of UK£0.18. Ex-date: 1st August 2024 Payment date: 5th September 2024 Dividend yield will be 1.6%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jul 26
RELX PLC Declares Interim Dividend, payable on 5 September 2024 On 24 July 2024 an interim dividend of 18.2 pence (2023: 17.0 pence) per ordinary RELX PLC share was declared by the directors. The expected total cost of funding this dividend is £339 million, for which no liability has been recognised at the statement of financial position date. The interim dividend will be paid on 5 September 2024, with an ex-dividend date of 1 August 2024 and a record date of 2 August 2024. The euro equivalent of the interim dividend will be announced on 22 August 2024. Reported Earnings • Jul 26
First half 2024 earnings released: EPS: UK£0.52 (vs UK£0.47 in 1H 2023) First half 2024 results: EPS: UK£0.52 (up from UK£0.47 in 1H 2023). Revenue: UK£4.64b (up 3.2% from 1H 2023). Net income: UK£985.0m (up 13% from 1H 2023). Profit margin: 21% (up from 19% in 1H 2023). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 26
RELX PLC Elects Bianca Tetteroo as A Director RELX PLC at the AGM held on April 25, 2024, Elect Bianca Tetteroo as a Director. Upcoming Dividend • Apr 25
Upcoming dividend of UK£0.42 per share Eligible shareholders must have bought the stock before 02 May 2024. Payment date: 13 June 2024. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.4%). Board Change • Apr 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Alistair Cox was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Feb 23
CEO & Executive Director recently sold €13m worth of stock On the 16th of February, Erik Engstrom sold around 337k shares on-market at roughly €39.39 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Erik's only on-market trade for the last 12 months. Declared Dividend • Feb 18
Final dividend of UK£0.42 announced Shareholders will receive a dividend of UK£0.42. Ex-date: 2nd May 2024 Payment date: 13th June 2024 Dividend yield will be 1.6%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (62% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 9.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 36% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 16
Full year 2023 earnings released: EPS: UK£0.94 (vs UK£0.85 in FY 2022) Full year 2023 results: EPS: UK£0.94 (up from UK£0.85 in FY 2022). Revenue: UK£9.16b (up 7.1% from FY 2022). Net income: UK£1.78b (up 9.0% from FY 2022). Profit margin: 19% (in line with FY 2022). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 08
RELX PLC to Report Fiscal Year 2023 Results on Feb 15, 2024 RELX PLC announced that they will report fiscal year 2023 results on Feb 15, 2024 Announcement • Oct 19
Relx plc Reaffirms Revenue Guidance for 2023 RELX PLC reaffirmed revenue guidance for 2023. For the year the company continue to expect underlying revenue growth to remain above historical trends. Announcement • Aug 25
RELX PLC Announces Interim Dividend for the Year Ending 31 December 2023, Payable on 7 September 2023 RELX PLC announced the Euro equivalent amount in respect of the interim dividend of 17.0 pence per share for the year ending 31 December 2023, which was announced on 27 July 2023. Shareholders who hold their shares through Euroclear Nederland will receive a dividend in Euro of €0.199 per share, unless they have elected to receive their dividend in Pounds Sterling. Shareholders who validly submitted a dividend currency election by 21 August 2023 to receive their dividend in Pounds Sterling will receive a dividend of 17.0 pence per share. Shareholders who appear on the Register of Members or hold their shares through CREST will receive a dividend in Pounds Sterling of 17.0 pence per share unless they have elected to receive their dividend in Euro. Shareholders who validly submitted a dividend currency election by 21 August 2023 to receive their dividend in Euro will receive a dividend of €0.199 per share. The dividend is payable on 7 September 2023. Reported Earnings • Jul 28
First half 2023 earnings released: EPS: UK£0.46 (vs UK£0.40 in 1H 2022) First half 2023 results: EPS: UK£0.46 (up from UK£0.40 in 1H 2022). Revenue: UK£4.50b (up 13% from 1H 2022). Net income: UK£874.0m (up 15% from 1H 2022). Profit margin: 19% (in line with 1H 2022). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 09
RELX PLC to Report First Half, 2023 Results on Jul 27, 2023 RELX PLC announced that they will report first half, 2023 results on Jul 27, 2023 Announcement • May 24
RELX PLC Announces Final Dividend for the Year Ended 31 December 2022, Payable on 7 June 2023 RELX PLC announced that shareholders who appear on the Register of Members or hold their shares through CREST will receive a dividend in Pounds Sterling of 38.9 pence per share, unless they have elected to receive their dividend in Euro. Shareholders who validly submitted a dividend currency election by 17 May 2023 to receive their dividend in Euro will receive a dividend of €0.447 per share. The dividend is payable on 7 June 2023. Upcoming Dividend • Apr 20
Upcoming dividend of UK£0.39 per share at 2.1% yield Eligible shareholders must have bought the stock before 27 April 2023. Payment date: 07 June 2023. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.7%). Reported Earnings • Feb 17
Full year 2022 earnings released: EPS: UK£0.85 (vs UK£0.76 in FY 2021) Full year 2022 results: EPS: UK£0.85 (up from UK£0.76 in FY 2021). Revenue: UK£8.55b (up 18% from FY 2021). Net income: UK£1.63b (up 11% from FY 2021). Profit margin: 19% (down from 20% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 4% per year. Announcement • Feb 16
RELX PLC Announces Changes to Board and Committee Roles RELX PLC announced that, having served as a Director since 2013 and currently holding the roles of Senior Independent Director and Chair of the Remuneration Committee, Dr. Wolfhart Hauser will retire from the Board following the conclusion of the Company's Annual General Meeting (AGM) to be held on 20 April 2023. Suzanne Wood will succeed Dr. Hauser as Senior Independent Director and Robert MacLeod will succeed Dr. Hauser as Chair of the Remuneration Committee, each with effect from the conclusion of the Company's AGM, subject to their re-election by shareholders at the AGM. Announcement • Dec 03
RELX PLC to Report Fiscal Year 2022 Results on Feb 16, 2023 RELX PLC announced that they will report fiscal year 2022 results on Feb 16, 2023 Recent Insider Transactions • Oct 22
Independent Non-Executive Director recently bought €50k worth of stock On the 21st of October, June Felix bought around 2k shares on-market at roughly €25.19 per share. This transaction amounted to 49% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €53k more in shares than they have sold in the last 12 months. Reported Earnings • Jul 29
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down UK£664.0m from profit in 1H 2021). Profit margin: (down from 20% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 8.3%, compared to a 10.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Announcement • May 24
Relx plc Announces Final Dividend for the Year 2021, Payable on 7 June 2022 RELX PLC announces the Euro equivalent in respect of the final dividend of 35.5 pence per share for the year ended 31 December 2021 which was announced on 10 February 2022 and approved by shareholders at the Annual General Meeting held on 21 April 2022. Shareholders who hold their shares through Euroclear Nederland will receive a dividend in Euro of €0.419 per share, unless they have elected to receive their dividend in Pounds Sterling. Shareholders who validly submitted a dividend currency election by 17 May 2022 to receive their dividend in Pounds Sterling will receive a dividend of 35.5 pence per share. The dividend is payable on 7 June 2022. Upcoming Dividend • Apr 21
Upcoming dividend of UK£0.35 per share Eligible shareholders must have bought the stock before 28 April 2022. Payment date: 07 June 2022. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (3.9%). In line with average of industry peers (2.3%). Announcement • Apr 21
RELX PLC Provides Earnings Guidance for the Year 2022 RELX PLC provided earnings guidance for the year 2022. For the year, the company expects strong underlying revenue growth, in line with historical trends. Reported Earnings • Feb 11
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: UK£0.76 (up from UK£0.64 in FY 2020). Revenue: UK£7.24b (up 1.9% from FY 2020). Net income: UK£1.47b (up 20% from FY 2020). Profit margin: 20% (up from 17% in FY 2020). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 1.6%. Over the next year, revenue is forecast to grow 8.3%, compared to a 9.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Buying Opportunity • Feb 08
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 1.7%. The fair value is estimated to be UK£33.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 6.7% per annum over the last 3 years. Recent Insider Transactions • Aug 04
Independent Non-Executive Director recently bought €101k worth of stock On the 30th of July, June Felix bought around 4k shares on-market at roughly €24.54 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €295k more in shares than they have sold in the last 12 months. Reported Earnings • Jul 30
First half 2021 earnings released: EPS UK£0.34 (vs UK£0.28 in 1H 2020) The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: UK£3.39b (down 3.1% from 1H 2020). Net income: UK£664.0m (up 21% from 1H 2020). Profit margin: 20% (up from 16% in 1H 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Announcement • May 22
RELX PLC Approves Final Dividend for the Year Ended 31 December 2020, Payable on 3 June 2021 RELX PLC announces the Euro equivalent in respect of the final dividend of 33.4 pence per share for the year ended 31 December 2020 which was announced on 11 February 2021 and approved by shareholders at the Annual General Meeting held on 22 April 2021. Shareholders who hold their shares through Euroclear Nederland will receive a dividend in Euro of €0.387 per share, unless they have elected to receive their dividend in Pounds Sterling. Shareholders who validly submitted a dividend currency election by 18 May 2021 to receive their dividend in Pounds Sterling will receive a dividend of 33.4 pence per share.
Shareholders who appear on the Register of Members or hold their shares through CREST will receive a dividend in Pounds Sterling of 33.4 pence per share, unless they have elected to receive their dividend in Euro. Shareholders who validly submitted a dividend currency election by 18 May 2021 to receive their dividend in Euro will receive a dividend of €0.387 per share. The dividend is payable on 3 June 2021. Announcement • Apr 24
RELX PLC Announces Earnings Guidance for the Full Year 2021 RELX announced earnings guidance for the full year 2021. For the full year, the company expects another year of modest underlying revenue growth, with underlying adjusted operating profit growth slightly exceeding underlying revenue growth. The company expects a year of strong underlying revenue growth, with the fundamentals of the majority of customer markets in line with, or slightly ahead of, pre-Covid-19 trends. The company expects underlying adjusted operating profit growth to broadly match underlying revenue growth. The company expects another year of modest underlying revenue growth, with underlying adjusted operating profit growth exceeding underlying revenue growth. The evolving Covid-19 pandemic will continue to impact ability to hold physical events, making the outlook for the year uncertain. Upcoming Dividend • Apr 24
Upcoming dividend of UK£0.33 per share Eligible shareholders must have bought the stock before 29 April 2021. Payment date: 03 June 2021. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.0%). Announcement • Mar 03
RELX PLC Announces Appointment of Paul Walker as Chair of Its Nominations Committee and Corporate Governance Committee RELX PLC announced that Paul Walker has been appointed as Chair of its Nominations Committee and Corporate Governance Committee, and additionally as a member of the Remuneration Committee. Executive Departure • Mar 02
Independent Non-Executive Chairman Anthony Habgood has left the company On the 1st of March, Anthony Habgood's tenure as Independent Non-Executive Chairman ended after 11.8 years in the role. As of December 2020, Anthony personally held 88.45k shares (€1.8m worth at the time). A total of 2 executives have left over the last 12 months. Announcement • Feb 19
RELX PLC, Annual General Meeting, Apr 22, 2021 RELX PLC, Annual General Meeting, Apr 22, 2021. Reported Earnings • Feb 13
Full year 2020 earnings released: EPS UK£0.64 (vs UK£0.77 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: UK£7.11b (down 9.7% from FY 2019). Net income: UK£1.22b (down 19% from FY 2019). Profit margin: 17% (down from 19% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Feb 13
Revenue misses expectations Revenue missed analyst estimates by 0.6%. Over the next year, revenue is forecast to grow 6.2%, compared to a 4.4% growth forecast for the Professional Services industry in Germany. Announcement • Feb 11
RELX PLC to Report Fiscal Year 2020 Results on Feb 11, 2021 RELX PLC announced that they will report fiscal year 2020 results on Feb 11, 2021 Is New 90 Day High Low • Jan 23
New 90-day high: €20.97 The company is up 16% from its price of €18.10 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.55 per share. Is New 90 Day High Low • Jan 07
New 90-day high: €20.77 The company is up 13% from its price of €18.46 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €20.88 per share. Announcement • Dec 06
RELX PLC Announces Executive Changes RELX PLC announced that Paul Walker would take up the role of RELX Chair in the first half of 2021, RELX PLC confirmed that Mr. Walker’s appointment to the position will be effective from 1 March 2021. Sir Anthony Habgood will step down from the role at that time. Valuation Update With 7 Day Price Move • Nov 09
Market bids up stock over the past week After last week's 20% share price gain to UK£20.71, the stock is trading at a trailing P/E ratio of 27.8x, up from the previous P/E ratio of 23.2x. This compares to an average P/E of 27x in the Professional Services industry in Europe. Total returns to shareholders over the past three years are 16%. Is New 90 Day High Low • Oct 26
New 90-day low: €17.88 The company is down 3.0% from its price of €18.36 on 28 July 2020. The German market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €18.12 per share. Announcement • Oct 16
RELX PLC Announces the Appointment of June Felix as a Non-Executive Director RELX PLC announces the appointment of June Felix as a Non-Executive Director, to be effective immediately. Ms. Felix is currently Chief Executive Officer of IG Group Holdings PLC, of which she was a Non-Executive Director (2015-2018) before being appointed as CEO. Prior roles include President, Europe at Verifone UK; Managing Director, Global Healthcare at Citibank; Global General Manager, Banking & Financial Markets at IBM; and Chairman & Chief Executive Officer at CertCo. Recent Insider Transactions • Oct 11
Independent Non-Executive Director recently bought €194k worth of stock On the 5th of October, Andrew Sukawaty bought around 10k shares on-market at roughly €19.42 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €2.3m more in shares than they bought in the last 12 months. Announcement • Sep 24
Relx plc Announces Management Changes RELX PLC announced the appointment of Paul Walker to succeed Sir Anthony Habgood as Chair. Mr. Walker is expected to take up his new role in the first half of 2021, at which time Sir Anthony will step down. Mr. Walker is Chair of Ashtead Group PLC (since 2018). He is also Chair of Halma PLC (since 2013).