In This Article:
RELX (LON:REL) Full Year 2024 Results
Key Financial Results
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Revenue: UK£9.43b (up 3.0% from FY 2023).
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Net income: UK£1.93b (up 8.6% from FY 2023).
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Profit margin: 21% (up from 19% in FY 2023). The increase in margin was driven by higher revenue.
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EPS: UK£1.04 (up from UK£0.94 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
RELX Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 2.9%.
The primary driver behind last 12 months revenue was the Risk segment contributing a total revenue of UK£3.25b (34% of total revenue). The largest operating expense was General & Administrative costs, amounting to UK£1.85b (44% of total expenses). Explore how REL's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Professional Services industry in the United Kingdom.
Performance of the British Professional Services industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 1 warning sign for RELX that you need to be mindful of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.