RELX’s exhibitions business up 194% in profit

London, 27th July: Last week, RELX Group plc, parent company of RX Global (formerly Reed Exhibitions), reported its financial results for the six months ended 30th June 2023. Group revenues were £4.5 billion (US$5.7 billion) in the first half of the year, representing growth of 8%. Its adjusted operating profit increased by 16%, reaching £1.5 billion (US$1.9 billion).

RELX’s exhibition business generated revenues of £545 million (US$687 million), representing a year-on-year growth of 27%. Its adjusted operating profit was £173 million (US$218 million), representing an impressive 194% increase over the previous year.