RELX releases transcript of 2026 first-half results call

• Relx published a transcript of its July 23, 2026 first-half results call with CEO Erik Engstrom, CFO Nick Luff, Morgan Stanley, Barclays, Goldman Sachs, Citi, UBS.
• First-half underlying revenue rose 7%; underlying adjusted operating profit grew 9%; adjusted operating margin widened 70 bps to 35.5%.
• Adjusted EPS increased 11% at constant currency; interim dividend raised 7% to 20.9 pence; £1.75 billion buyback completed; net debt £8.7 billion.
• Legal underlying revenue grew 10% on Lexis+ with Protégé; about 90% of new-sales value tied to the AI platform; about 75% of renewals.
• STM underlying revenue rose 6%; article submissions grew over 20%; LeapSpace active users nearly doubled from March to June; usage outpaced user growth.

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