20th Apr 2016 10:06
LONDON (Alliance News) - Anglo-Dutch Business information and analytics group RELX PLC Wednesday reiterated its outlook for 2016, as it saw trends in the first quarter consistent with those seen in 2015 across its business.
RELX said it remains confident that it will deliver another year of underlying revenue, profit and earnings growth in 2016.
The company said it had continued to focus on organic development, with acquisition activity limited to completions in 2016 to date.
It highlighted a "strong" financial position, and said it has completed GBP225 million of its previously announced GBP700 million share buyback, with the remainder to be deployed by the end of the year.
Shares in RELX were down 1.1% at 1,304.00 pence Wednesday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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