Relx Plc · LSE:REL

Relx — Reed Elsevier — Shareholder Meeting (April 2015)

16 slides from Relx's shareholder meeting presentation, Apr 22, 2015

  1. Slide 1: Reed Elsevier NV AGM April 2015

    Reed Elsevier NV AGM 22 April 2015 Reed Elsevier NV

  2. Slide 2: We help scientists make new discoveries, lawyers win cases, doctors save lives

    We help scientists make new discoveries, lawyers win cases, doctors save lives, and executives forge commercial relationships with their clients. We help insurance groups offer customers lower prices by assessing risk better, and save taxpayers and consumers money by enabling governments and financi

  3. Slide 3: Erik Engstrom, CEO

    Reed Elsevier NV AGM 22 April 2015 Erik Engstrom, CEO Reed Elsevier NV

  4. Slide 4: Forward-looking statements

    FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of Section 27A of the US Securities Act of 1933, as amended, and Section 21E of the US Securities Exchange Act of 1934, as amended. These statements are subject to a number of risks and uncertainties

  5. Slide 5: 2014 progress

    2014 progress • Continued positive financial performance – Underlying revenue and profit growth across all major business areas – Further improvement in profitability • Further strategic and operational progress – Continued business transformation, primarily through organic development – Build out o

  6. Slide 6: Financial performance

    Financial performance Underlying revenue growth* Underlying adjusted operating profit growth +6% +5% +5% +5% +3% +3% +3% +3% 2011 2012 2013 2014 2011 2012 2013 2014 Earnings per share growth Increased return on invested capital Constant currency 12.8% 11.2% 11.7% 12.1% +10% +8% +7% +6% 2011 2012 201

  7. Slide 7: Share price performance vs AEX Index

    5 year share price performance Reed Elsevier NV vs AEX Index 24 € 23.08 +168 22 RE NV 20 Price rebased to RE (p) 18 16 14 +50% 12 AEX 10 € 8.60 8 6 31 Dec 09 31 Dec 10 31 Dec 11 31 Dec 12 31 Dec 13 31 Dec 14 Total combined market €12.8bn €32.6bn capitalisation: Reed Elsevier NV 7

  8. Slide 8: Reed Elsevier NV 5 year dividend history

    Reed Elsevier NV – 5 year dividend history CAGR +9% € 0.589 € 0.506 € 0.467 € 0.436 € 0.412 2010 2011 2012 2013 2014 Reed Elsevier NV 8

  9. Slide 9: 5 years Total Shareholder Return vs AEX Index

    5 years Total Shareholder Return Reed Elsevier NV vs AEX Index 350 350% €100 invested on 1 January 2010 is worth €351* today +251% RE NV 300 300% 250 250% 200 200% +83% 150 150% AEX 100 100% 50 50% 0 0% Dec-09 Dec-10 Dec-11 Dec-12 Dec-13 Dec-14 Apr-15 * Including reinvested dividend Reed Elsevier NV

  10. Slide 10: Strategic direction: unchanged

    Strategic direction: unchanged Where we are going • Deliver improved outcomes to professional customers • Combine content & data with analytics & technology in global platforms • Build leading positions in long term global growth markets • Leverage institutional skills, assets and resources across R

  11. Slide 11: First Quarter 2015 trading update

    First Quarter 2015 trading update • Business trends in the first quarter of 2015 remained consistent with 2014 across the group • The full year outlook is unchanged. We remain confident that, by continuing to execute on our strategy, we will deliver another year of underlying revenue, profit, and ea

  12. Slide 12: Nick Luff, CFO

    Reed Elsevier NV AGM 22 April 2015 Nick Luff, CFO Reed Elsevier NV

  13. Slide 13: Simplification of corporate structure

    Simplification of corporate structure 31 December 2014 Proposed 1 July 2015 Economic interest*: 52.9% 47.1% 52.9% 47.1% Reed 5.8% Reed RELX RELX Elsevier Elsevier PLC NV PLC NV 52.9% 47.1% Reed Elsevier Group plc RELX Group plc Elsevier Reed Finance BV *External shareholders’ economic interest in co

  14. Slide 14: Bonus share issue illustration

    Bonus share issue illustration The following illustrates the results of the bonus share issue for a shareholder currently holding 1,000 ordinary shares in Reed Elsevier NV* Shares Dividend per share Total dividend Current 1,000 €0.438 €438 Bonus shares 538 - - Total after bonus shares 1,538 0.438/1.

  15. Slide 15: Implementation timeline

    Implementation timeline 22 April • Reed Elsevier NV AGM votes on proposals 30 April • Ex-dividend for 2014 final dividend 22 May • Payment of 2014 final dividend 30 June • Last day of trading cum-bonus 1 July • Elimination of cross-holding • NV bonus share issue • ADR alignment • Parent company name

  16. Slide 16: Reed Elsevier NV AGM April 2015

    Reed Elsevier NV AGM 22 April 2015 Reed Elsevier NV

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