Relx NV has declared an interim dividend of 18.2p (17.0p), an increase of +7%. The interim dividend will be paid on 5 September 2024, with an ex-dividend date of 1 August 2024 and a record date of 2 August 2024. Shareholders on the Register of Members or holding shares in CREST will automatically receive their dividends in Pounds Sterling (but may elect to receive their dividends in Euro). Shareholders who hold shares through Euroclear Nederland will automatically receive their dividend in Euro (but may elect to receive their dividend in Pounds Sterling). The closing date for currency elections is 16 August 2024 (by 5pm London time). Dividend Reinvestment Plans are available for shares trading on the London Stock Exchange and Euronext Amsterdam. The closing date for elections in relation to participation in the Company's Dividend Reinvestment Plans is also 16 August 2024 (by 5pm London time).
Other financial highlights include:
- Revenue £4,641m (£4,499m), underlying growth +7%
- Adjusted operating profit £1,583m (£1,486m), underlying growth +10%
- Adjusted EPS 59.5p (56.2p), constant currency growth +10%
- Reported operating profit £1,431m (£1,308m)
- Reported EPS 52.6p (46.0p)
- Net debt/EBITDA 2.0x; adjusted cash flow conversion 95%
- Completed two acquisitions for a total consideration of £61m
- Completed £700m of the previously announced £1,000m share buyback
