Highlights
? RELX has started the year well across all four business areas. The 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 across market segments.
Full year outlook
? The full year outlook is unchanged: We continue to see positive momentum across the group, and we expectanother 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.

Risk (34% of 2023 revenue)
? Strong underlying revenue growth continues to be driven by our deeply embedded analytics and decision tools across
segments. Business Services growth continues to be driven by Financial Crime & Compliance and digital Fraud &
Identity solutions, and Insurance continues to be driven by the further development and extension of solution sets
across insurance markets.
? Full year outlook: We expect continued strong underlying revenue growth with underlying adjusted operating profit
growth slightly exceeding underlying revenue growth.
Scientific, Technical & Medical (33% of 2023 revenue)
? Good underlying revenue growth continues to be driven by the evolution of the business mix towards higher growth
segments. Databases, Tools & Electronic Reference growth continues to be driven by higher value-add analytics and
decision tools, and Primary Research Academic & Government continues to be driven by volume growth.
? Full year outlook: We expect continued good underlying revenue growth with underlying adjusted operating profit
growth slightly exceeding underlying revenue growth.
Legal (20% of 2023 revenue)
? Strong underlying revenue growth continues to be driven by a shift in business mix towards higher growth integrated
legal analytics. The roll-out of Lexis+AI, our new platform leveraging value-enhancing generative AI functionality,
continues to go well. Renewals and new sales remain strong.
? Full year outlook: We expect continued strong underlying revenue growth with underlying adjusted operating profit
growth exceeding underlying revenue growth.
Exhibitions (12% of 2023 revenue)
? Strong underlying revenue growth continues to be driven by increased face-to-face activity across geographies,
supported by increased usage of a growing range of value-enhancing digital tools.
? Full year outlook: We expect strong underlying revenue growth with a further improvement in adjusted operating
margin.
Underlying growth rates are calculated at constant currencies, excluding the results of acquisitions until twelve months after purchase, and
excluding the results of disposals and assets held for sale. Underlying revenue growth rates also exclude exhibition cycling, and timing effects.
Some figures and sub-totals add up to slightly different amounts than the totals due to rounding.
-ENDS