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RELX Group reports continued underlying revenue growth, reaffirms full year outlook

In a brief trading update, the FTSE 100-listed global professional information and analytics company said its underlying revenue growth was 4% in the first nine months of 2017

RELX Group PLC (LON:REL) has reported continued underlying revenue growth in the first nine months of 2017 and reaffirmed the outlook for the full year.

In a brief trading update, the FTSE 100-listed global professional information and analytics company said its underlying revenue growth was 4% in the first nine months of 2017.

It added: “We are confident that we will deliver another year of underlying revenue, profit, and earnings growth in 2017.”

The group – formerly known as Reed Elsevier – said it has acquired 6 assets for a total consideration of £118mln in the year to date, disposed of assets for £78mln, and completed £650mln of its previously announced £700mln share buyback, with the remainder to be deployed by the year-end.

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