RELX rises on higher H1 revenue; AI keeps costs in check
23/07/2026 08:58
BUZZ-RELX rises on higher H1 revenue; AI keeps costs in check ** British information group RELX's REL.L shares rise as much as 3.6% to 2,543p
** Company sees positive momentum across all businesses
** AI is helping RELX keep cost growth below revenue growth, CEO Erik Engstrom says
** H1 revenue rises to 4.87 billion pounds ($6.51 billion) from 4.74 billion pounds; adj operating profit up 4.5% to 1.73 billion pounds
** Including session's gains, RELX down about 16% YTD
($1 = 0.7479 pounds)
(Reporting by Jahanvi Kothari in Bengaluru)