By Kyle Morris

 

RELX PLC said Thursday that first-half net profit and revenue rose due to its strategy of focusing on the organic development of its analytics and decision tools.

The LexisNexis owner said net profit for the first six months of the year was 761 million pounds ($925.1 million) compared with GBP664 million for the same period last year.

The FTSE 100 information and analytics group said adjusted operating profit for the half year was GBP1.24 billion compared with GBP1.02 billion.

First-half revenue was GBP3.97 billion compared with GBP3.39 billion a year before.

For the full year, the company said momentum remains strong across the group and it continues to expect underlying growth rates in revenue and adjusted operating profit.

The company declared an interim dividend of 15.7 pence a share compared with 14.3 pence a year earlier.

 

Write to Kyle Morris at kyle.morris@dowjones.com

 

(END) Dow Jones Newswires

July 28, 2022 02:52 ET (06:52 GMT)

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