Trading Update – October 2024
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 24 2024
0mins
Source: Businesswire
Financial Performance: RELX reported a 7% underlying revenue growth for the first nine months of 2024, with positive momentum across various segments including Business Services, Scientific, Technical & Medical, and Legal, while maintaining a strong outlook for the full year.
Growth Drivers: The company's growth is attributed to advancements in analytics and decision tools, particularly in Financial Crime Compliance, digital Fraud & Identity solutions, and the successful rollout of its Lexis+ AI platform.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
