Relx plc (REL)

Sector:

Media

Index:

FTSE 100

3,444.00p
   
  • Change Today:
      33.00p
  • 52 Week High: 3,504.00
  • 52 Week Low: 2,442.00
  • Currency: UK Pounds
  • Shares Issued: 1,873.97m
  • Volume: 2,469,213
  • Market Cap: £64,539m
  • RiskGrade: 128

Relx lifts dividend, sees return to pre-Covid trends

By Frank Prenesti

Date: Thursday 11 Feb 2021

LONDON (ShareCast) - (Sharecast News) - Information business provider Relx lifted its dividend by 3% and signalled a return to pre-Covid trends for its science, risk and legal units but said a recovery in its exhibitions arm remained uncertain.
The company on Thursday said adjusted operating profit fell to £2.07bn against £2.5bn. Underlying revenue fell 9% to £7.1bn.

Exhibitions reported an adjusted loss of £164m compared with a £331m profit as the cancellation of events due to the Covid-19 pandemic took its toll.

Science, risk and legal, which accounted for 95% of revenue in 2020, continued to deliver underlying growth in revenue and adjusted operating profit.

"Earnings per share is currently being impacted by Covid-19 related disruption to our exhibitions business, but we are proposing a 3% increase in the dividend to 47p reflecting our consistent track record and our confidence in the outlook for the company," chairman Anthony Habgood said.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Reed Elsevier Market Data

Currency UK Pounds
Share Price 3,444.00p
Change Today 33.00p
% Change 0.97 %
52 Week High 3,504.00
52 Week Low 2,442.00
Volume 2,469,213
Shares Issued 1,873.97m
Market Cap £64,539m
RiskGrade 128

Reed Elsevier Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
99.21% below the market average99.21% below the market average99.21% below the market average99.21% below the market average99.21% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
83.01% above the market average83.01% above the market average83.01% above the market average83.01% above the market average83.01% above the market average
87.23% above the sector average87.23% above the sector average87.23% above the sector average87.23% above the sector average87.23% above the sector average
Income
88.15% below the market average88.15% below the market average88.15% below the market average88.15% below the market average88.15% below the market average
80% below the sector average80% below the sector average80% below the sector average80% below the sector average80% below the sector average
Growth
14.69% below the market average14.69% below the market average14.69% below the market average14.69% below the market average14.69% below the market average
2.33% below the sector average2.33% below the sector average2.33% below the sector average2.33% below the sector average2.33% below the sector average

What The Brokers Say

Strong Buy 4
Buy 6
Neutral 5
Sell 0
Strong Sell 0
Total 15
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Reed Elsevier Dividends

  Latest Previous
  Final Interim
Ex-Div 02-May-24 03-Aug-23
Paid 13-Jun-24 07-Sep-23
Amount 41.80p 17.00p

Trades for 14-May-2024

Time Volume / Share Price
16:50 574 @ 3,444.00p
16:35 724,027 @ 3,444.00p
16:35 1,986 @ 3,444.00p
16:35 219 @ 3,444.00p
16:35 2,924 @ 3,444.00p

Reed Elsevier Key Personnel

CEO Erik Engstrom
CFO N L Luff
Chair Paul Walker

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