Business
RELX 2025 RESULTS
RELX PLC reported strong financial results for the year ended 31 December 2025, with revenue reaching £9,590 million, an underlying growth of 7%, and adjusted operating profit increasing by 9% to £3,342 million. Adjusted earnings per share (EPS) grew by 10% to 128.5p on a constant currency basis, and the company proposed a full-year dividend of 67.5p, a 7% increase. The company completed five acquisitions for £270 million and a £1,500 million share buyback, maintaining a net debt to EBITDA ratio of 2.0x. RELX anticipates another year of strong growth in 2026, driven by its focus on analytics and decision tools. Disclaimer*
About this update from Relx Plc
[{"type":"text","content":"\n\n12 February 2026\nRESULTS FOR THE YEAR TO 31 DECEMBER 2025\nRELX, the global provider of information-based analytics and decision tools, reports results for 2025 and provides outlook for another year of strong growth in 2026.\n\n\n\n\n\n\n\n\n\n2025 highlights\nØ Revenue £9,590m (£9,434m), underlying growth +7%\nØ Adjusted operating profit £3,342m (£3,199m), underlying growth +9%\nØ Adjusted EPS 128.5p (120.1p), constant currency growth +10%\nØ Reported operating profit £3,027m (£2,861m)\nØ Reported EPS 112.6p (103.6p)\nØ Proposed full year dividend 67.5p (63.0p)\nØ Net debt/EBITDA 2.0x; adjusted cash flow conversion 99%\nØ Completed five acquisitions for a total consideration of £270m\nØ Completed £1,500m share buyback\n2026 outlook\nØ We continue to see positive momentum across the group, and we expect another year of strong underlying growth in revenue and adjusted operating profit, as well as strong growth in adjusted earnings per share on a constant currency basis.\n\n\n\n\nChief Executive Officer, Erik Engstrom, commented:\n\"RELX delivered strong underlying revenue and profit growth and strong new sales in 2025: continued strong growth in Risk; good growth with improving momentum in Scientific, Technical & Medical; a further step up in growth in Legal; and strong ongoing growth in Exhibitions.\"\n\"Our improving long-term growth trajectory continues to be driven by the ongoing shift in business mix towards higher growth analytics and decision tools that deliver enhanced value to our customers. We develop these products by leveraging deep customer understanding to combine our unique content and comprehensive data sets with advanced technologies.\"\n\"The continued evolution of artificial intelligence is enabling us to add more value to our customers, as we embed additional functionality in our products, and to develop and launch products at a faster pace, while continuing to manage cost growth below revenue growth. This evolution has been a key driver of our business for well over a decade, and will remain a key driver of customer value and growth in our business for many years to come.\"\nOperating and financial review\nRevenue £9,590m (£9,434m); underlying growth +7%.\nAdjusted operating profit £3,342m (£3,199m); underlying growth +9%: Continuous process innovation to manage cost growth below revenue ...