RELX and DMGT release COVID-hit results
/London, 23rd July: Yesterday, RELX plc and DMGT plc released their latest financial results. For RELX it covers the previous six months and for DMGT the previous nine months ended 30th June 2020.
RELX recorded group revenues of £3.5 billion (US$4.3 billion) in the first half of 2020, a year-on-year decrease of 10%. Its adjusted operating profit dropped 24% down to £939 million (US$1.2 billion).
DMGT’s group revenues were £934 million (US$1.1 billion) for the nine months ended 30th June. That represents an underlying decrease of 7%. The group adjusted operating profit was £63 million (US$77 million) in the nine-month period, compared with a profit of £112 million (US$138 million) last year.