Global information and analytics group RELX PLC has forecast another year of strong growth in adjusted earnings per share, driven by ongoing momentum across the group and its continued shift towards higher growth analytics and decision tools.
It reported revenue of £8.6 billion for 2022, representing underlying growth of 9%, and adjusted operating profit at £2.7 billion, a 15% increase over the previous year.
The adjusted profit before tax was £2.5 billion, a 13% increase from the prior year, which was in line with market forecasts.
The company's performance was driven by the ongoing shift in its business mix towards higher growth analytics and decision tools that deliver enhanced value to customers across market segments.
RELX’s shareholders will share in the success. The full-year pay-out will rise 10% to 54.6p, and there will be an £800 million share buyback programme, building on the £500 million returned to investors last year.