RELX's growth accelerates in scientific and legal units
Information and analytics group RELX reported accelerating growth in its scientific and legal divisions on Thursday, providing ‌some relief to investors worried about the impact of AI companies ‌like Anthropic on its business. The British company reported underlying growth of 7% in the six months to ​end-June, while adjusted operating profit rose 9% as it improved its margin by 70 basis points. RELX reiterated its â forecast for another year of "strong underlying growth" in revenue and adjusted operating profit.
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