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Relx forecasts growth in its three biggest divisions

Thu, 22nd Apr 2021 07:16

LONDON, April 22 (Reuters) - British information provider
Relx forecast that its three biggest divisions would
help drive growth in underlying revenue and adjusted operating
profit in 2021, but said the pandemic continued to hit its
exhibitions unit.

Relx said in a trading update on Thursday that its main
science, legal and risk divisions had all started the year well.

The exhibitions unit, which holds conferences and events and
accounted for 5% of revenue in 2020, continued to be
significantly impacted by COVID-19, and the company said that
the timing and pace of recovery was uncertain.
(Reporting by Sarah Young; editing by James Davey)

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