RELX posts revenue growth – not from exhibitions
London, 21st October: Last week, RELX Group, a global provider of information-based analytics and decision tools, released its trading update for the first nine months of 2021, reporting underlying revenue growth of 6%.
Exhibitions accounted for just 4% of group revenues in period, but management remains optimistic. The company expects a gradual reopening across geographies in the remaining months of 2021 and into the early months of 2022. Next year, the company anticipates shows that generated 90% of revenue in 2019 will run in 2022 in their usual venues and usual time slots. There was not much detail in terms of expected revenues as many of these events will be smaller in 2022 than they were in pre-pandemic 2022.