London, 15th February: Last week, RELX Group (formerly Reed Elsevier) released its financial results for the year ended 31st December 2017. Total revenues were £7.4 billion (US$9.9 billion), representing an underlying increase of 4%. Adjusted operating profit increased by 6% to £2.3 billion (US$3.1 billion).
Its exhibitions business generated revenues of £1.1 billion (US$1.5 billion), representing underlying revenue growth of 6%. Adjusted operating profit increased moderately by 2% reaching £285 million (US$385 million). According to the company, growth in Japan and China were particularly strong, while Europe remained steady.