Financials RELX PLC

Equities

Market Closed - London S.E. Other stock markets 11:35:18 2025-01-15 am EST			5-day change	1st Jan Change
3,829.00 ^GBX	+1.75%		+1.43%	+5.51%

Jan. 15	BofA cuts Unite Group but Goldman says 'buy'	AN
Jan. 15	RELX : Bernstein remains its Buy rating	ZD

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	7,874	7,110	7,244	8,553	9,161	9,534	10,146	10,876
Change	-	-9.7%	1.88%	18.07%	7.11%	4.08%	6.41%	7.2%
EBITDA ¹	2,880	2,543	2,637	3,102	3,468	3,731	3,992	4,306
Change	-	-11.7%	3.7%	17.63%	11.8%	7.57%	7.01%	7.86%
EBIT ¹	2,491	2,076	2,210	2,683	3,030	3,213	3,455	3,752
Change	-	-16.66%	6.45%	21.4%	12.93%	6.05%	7.52%	8.6%
Interest Paid ¹	-305	-172	-142	-201	-315	-302.1	-297.6	-293.9
Earnings before Tax (EBT) ¹	1,847	1,483	1,797	2,113	2,295	2,620	2,882	3,183
Change	-	-19.71%	21.17%	17.58%	8.61%	14.18%	9.98%	10.46%
Net income ¹	1,505	1,224	1,471	1,634	1,781	1,993	2,191	2,419
Change	-	-18.67%	20.18%	11.08%	9%	11.91%	9.94%	10.41%
Announcement Date	2/13/20	2/11/21	2/10/22	2/16/23	2/15/24	-	-	-

¹GBP in Million

Estimates

¹GBP in Million

Estimates

Fiscal Period: December	2020 S1	2020 S2	2021 S1	2022 S1	2022 S2	2023 S1	2023 S2	2024 S1
Net sales ¹	3,501	3,609	3,394	3,969	4,584	4,499	4,662	4,641
Change	-	3.08%	-5.96%	16.94%	15.5%	-1.85%	3.62%	-0.45%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	939	-	1,023	1,239	-	1,486	1,544	1,583
Change	-	-100%	-	21.11%	-100%	-	3.9%	2.53%
Charge d'intérêts ¹	-81	-	-	-	-	-	-	-133
Earnings before Tax (EBT)	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Net income	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	7/23/20	2/11/21	7/29/21	7/28/22	2/16/23	7/27/23	2/15/24	7/25/24

¹GBP in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	6,276	6,898	6,054	6,604	6,446	6,240	5,810	5,745
Change	-	9.91%	-12.24%	9.08%	-2.39%	-3.2%	-6.89%	-1.12%
Announcement Date	2/13/20	2/11/21	2/10/22	2/16/23	2/15/24	-	-	-

¹GBP in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	380	362	337	436	477	504	535.2	573.3
Change	-	-4.74%	-6.91%	29.38%	9.4%	5.66%	6.18%	7.12%
Free Cash Flow (FCF) ¹	1,709	1,234	1,908	1,965	1,980	2,374	2,567	2,792
Change	-	-27.79%	54.62%	2.99%	0.76%	19.92%	8.1%	8.76%
Announcement Date	2/13/20	2/11/21	2/10/22	2/16/23	2/15/24	-	-	-

¹GBP in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	36.58%	35.77%	36.4%	36.27%	37.86%	39.13%	39.35%	39.59%
EBIT Margin (%)	31.64%	29.2%	30.51%	31.37%	33.07%	33.7%	34.05%	34.5%
EBT Margin (%)	23.46%	20.86%	24.81%	24.7%	25.05%	27.48%	28.4%	29.27%
Net margin (%)	19.11%	17.22%	20.31%	19.1%	19.44%	20.9%	21.6%	22.24%
FCF margin (%)	21.7%	17.36%	26.34%	22.97%	21.61%	24.9%	25.3%	25.67%
FCF / Net Income (%)	113.55%	100.82%	129.71%	120.26%	111.17%	119.13%	117.14%	115.4%
Profitability
ROA	13.01%	8.76%	10.51%	9.91%	11.59%	13.13%	14.01%	15.13%
ROE	66.96%	57.4%	55.19%	41.98%	49.23%	63.1%	65.19%	64.74%
Financial Health
Leverage (Debt/EBITDA)	2.18x	2.71x	2.3x	2.13x	1.86x	1.67x	1.46x	1.33x
Debt / Free cash flow	3.67x	5.59x	3.17x	3.36x	3.26x	2.63x	2.26x	2.06x
Capital Intensity
CAPEX / Current Assets (%)	4.83%	5.09%	4.65%	5.1%	5.21%	5.29%	5.27%	5.27%
CAPEX / EBITDA (%)	13.19%	14.24%	12.78%	14.06%	13.75%	13.51%	13.41%	13.31%
CAPEX / FCF (%)	22.24%	29.34%	17.66%	22.19%	24.09%	21.23%	20.85%	20.54%
Items per share
Cash flow per share ¹	1.068	0.8159	1.04	1.244	1.291	1.451	1.593	1.707
Change	-	-23.6%	27.41%	19.72%	3.76%	12.4%	9.74%	7.15%
Dividend per Share ¹	0.457	0.47	0.498	0.546	0.588	0.6232	0.6724	0.7305
Change	-	2.84%	5.96%	9.64%	7.69%	5.98%	7.9%	8.63%
Book Value Per Share ¹	1.107	1.083	1.675	1.977	1.839	1.854	1.918	2.121
Change	-	-2.17%	54.65%	18.05%	-7%	0.81%	3.48%	10.58%
EPS ¹	0.769	0.635	0.763	0.847	0.936	1.06	1.182	1.319
Change	-	-17.43%	20.16%	11.01%	10.51%	13.29%	11.5%	11.55%
Nbr of stocks (in thousands)	1,931,309	1,925,354	1,928,681	1,909,549	1,881,510	1,854,287	1,854,287	1,854,287
Announcement Date	2/13/20	2/11/21	2/10/22	2/16/23	2/15/24	-	-	-