REN RELX Plc

   By Adria Calatayud 
 

RELX PLC (REL.LN) on Wednesday confirmed its guidance for 2018, as it said that it has completed four acquisitions for a total consideration of 668 million pounds ($956.6 million) since the start of the year.

The company behind the London Book Fair and the medical journal The Lancet said that business trends in 2018 to date have remained consistent with 2017, and that it is confident of delivering underlying growth in revenue and in adjusted operating profit for the full year.

The Anglo-Dutch professional-information provider said that it has bought shares worth GBP325 million, as part of the GBP700 million buyback program it launched earlier this year. The remaining GBP375 million will be completed by year end, it added.

The company also said the simplification of its dual-parent holding structure is in progress, with completion expected in the third quarter.

Write to Adria Calatayud at adria.calatayudvaello@dowjones.com

(END) Dow Jones Newswires

April 18, 2018 07:05 ET (11:05 GMT)

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