RELX PLC (NYSE:Relx) Q2 2025 Earnings Convention Name July 24, 2025 3:30 AM ET
Firm Individuals
Erik Engstrom – CEO & Government Director
Nicholas Lawrence Luff – CFO & Government Director
Convention Name Individuals
Adam Ian Berlin – UBS Funding Financial institution, Analysis Division
George W Webb – Morgan Stanley, Analysis Division
Henry Hayden – Redburn (Europe) Restricted, Analysis Division
Lisa Yang – Goldman Sachs Group, Inc., Analysis Division
Nicholas Michael Edward Dempsey – Barclays Financial institution PLC, Analysis Division
Steven Craig Thomas Liechti – Deutsche Financial institution AG, Analysis Division
Erik Engstrom
Good morning, everyone. Thanks for taking the time to affix us right now. As you might have seen from our press launch this morning, we delivered robust monetary leads to the primary half, and we made additional operational and strategic progress. Underlying income progress was 7%. Underlying adjusted working revenue progress was 9%. Adjusted earnings per share progress was 10% at fixed foreign money, and we have now introduced a 7% improve within the pound sterling interim dividend.
Group underlying income progress of seven% was according to full yr 2024, however with the next high quality progress profile. Danger with continued robust progress, STM with continued good progress and creating momentum, Authorized with an extra step-up in progress and Exhibitions now established at robust ongoing progress.
On this chart, you may see the primary half progress price for every enterprise space in addition to the relative sizes of the segments inside every of them. You can too see that we’re exhibiting print and print-related income individually right here. I am going to come again to that later.
In Danger, underlying income progress was 8%, according to full yr 2024 and underlying adjusted working revenue progress was 9%. Sturdy progress continues to be pushed throughout segments by the event and rollout of upper value-add, deeply embedded AI- enabled analytics and choice