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REN RELX Plc

38.84
0.60 (1.57%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
RELX Plc EU:REN Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.60 1.57% 38.84 37.60 38.96 38.90 38.38 38.68 660,114 16:40:00

Reed Elsevier Reaffirms 2014 Outlook

23/04/2014 8:14am

Dow Jones News


RELX (EU:REN)
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By Rory Gallivan

LONDON--Anglo-Dutch publishing and exhibitions group Reed Elsevier PLC (REL.LN) Wednesday said its first quarter growth rates were broadly in line with 2013 excluding the impact of biennial exhibitions, and reaffirmed its outlook for the full year.

"We continue to expect good underlying growth in the U.S. and Japan, and limited growth in Europe," said the company, whose brands include the legal research product LexisNexis and the magazine New Scientist.

"In other markets we expect growth to remain strong, albeit at a slightly lower rate than in 2013."

Shares closed Tuesday at 885 pence valuing the company at 10.2 billion pounds ($17.1 billion).

Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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