FY18 results were sound and in line with expectations. The group once again managed to improve its adjusted operating margin (31.3% from 31% a year earlier) on underlying revenue rising by 4%. RELX anticipates more or less the same positive trends over FY19e, while its top priority remains the transition towards analytics and decision tools. All in all, a satisfactory performance.
01 Mar 2019
RELX delivering smoothly
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RELX delivering smoothly
FY18 results were sound and in line with expectations. The group once again managed to improve its adjusted operating margin (31.3% from 31% a year earlier) on underlying revenue rising by 4%. RELX anticipates more or less the same positive trends over FY19e, while its top priority remains the transition towards analytics and decision tools. All in all, a satisfactory performance.