The number of ecommerce transactions increased modestly by 7% in 2023, as rising interest rates and global inflation cooled consumer spending. However, where consumers held back, fraudsters became more active. The volume of human-initiated attacks surged 80% YOY, resulting in an attack rate of 2.8% (up by 59% YOY). A key component of this growth in attacks was fraudsters' focus on account takeover of ecommerce accounts, with the attack rate at login reaching 3.3% (an increase of 119% YOY). Greater adoption ...

Since 2005, VitalChek®, a LexisNexis Risk Solutions Company, has been the industry leader in vital records management with the DAVE product helping 16 states across the U.S. simplify the management of their vital records. As we move forward with additional enhancements to further reduce the workload of our vital records agency partners, it seemed like the perfect time to rename this innovative product to better align it with our industry recognized LexisNexis VitalChek brand. Building on Two Decades of Lead ...

According to the LexisNexis Insurance Demand Meter, a "Sizzling" Q1 2024 for new policies showed consumers are still not resigned to higher rates as insurers continue to adjust strategies to retain customers for long-term growth ATLANTA, May 16, 2024 /PRNewswire/ -- Key takeaways LexisNexis Insurance Demand Meter Tax refunds, older shoppers and Leap Day fuel shopping activity "As we have seen more shopping in recent months from consumers who have traditionally been longer-tenured and more loyal, insurers wi ...

The brief analyzes de-identified medical claims and reveals mental health jumped another 11% from 2022 to 2023 and are now up 83% since before the pandemic (comparing 2019 to 2023). The pandemic-driven surge in telehealth visits for mental health conditions reversed among children under 18, dropping 14% from 2022 to 2023, while the pace among adults slowed but continued to increase by 5% in the same timeframe. Meanwhile, in-office mental health visits have seen an uptick from 2022 through 2023 among all age ...

Financial Performance - Revenue for 2023 increased to £9,161 million, representing a 7% growth compared to £8,553 million in 2022[12] - Adjusted operating profit grew by 13% to £3,030 million, with an operating margin of 33.1%[12] - Earnings per share (EPS) rose to 114.0p, reflecting an 11% increase in constant currency terms[18] - Proposed full-year dividend increased by 8% to 58.8p, up from 54.6p in the previous year[20] - Underlying revenue growth was reported at 8%, with all business areas performing strongly[18] - Total Shareholder Returns over the decade reached 347%, significantly outperforming the FTSE100's 67%[18] - Net debt decreased to £6,446 million from £6,604 million[15] - Cash generated from operations increased to £3,370 million, up from £3,061 million[15] - The company expects another year of strong underlying growth in revenue and adjusted operating profit, as well as strong growth in adjusted earnings per share on a constant currency basis for 2024[36] - The company reported a significant increase in daily transactions, exceeding 1 million, and annual transactions surpassing 300 million[110] Segment Performance - In 2023, the Risk segment generated £3,133 million in revenue, reflecting an 8% increase, with an underlying profit of £1,165 million, up 9%[71] - The Scientific, Technical, and Medical (STM) segment reported £3,062 million in revenue, a 4% increase, with an underlying profit of £1,165 million, also up 4%[71] - The Legal segment achieved £1,851 million in revenue, marking a 6% increase, with an underlying profit of £393 million, up 8%[71] - The Exhibitions segment saw a significant revenue increase of 30% to £1,115 million, with an underlying profit surge of 100% to £319 million[71] Technology and Innovation - RELX invests $1.7 billion annually in technology, employing around 11,000 technologists, over half of whom are software engineers[76] - Lexis+ AI, a generative AI solution, is designed to transform legal work, featuring capabilities such as conversational search and intelligent legal drafting[89] - Lexis+ AI is supported by advanced encryption and privacy technology, ensuring the security of sensitive data[90] - RELX's technology infrastructure enables high-speed data ingestion and processing, utilizing machine learning and natural language processing for actionable insights[78] - LexisNexis emphasizes data security and privacy, addressing customer concerns that these are significant barriers to generative AI adoption[94] - Scopus AI combines Elsevier's Scopus database with responsible AI, offering access to over 29,000 journals and 2.4 billion citations[97] Market Strategy and Growth - The company plans to continue its strategy of organic growth supplemented by selective acquisitions in high-growth markets[40] - The geographical revenue distribution shows 79% from North America, 14% from Europe, and 7% from the rest of the world, highlighting a significant market presence in North America[121] - The company is focusing on enhancing user experience through improved data analytics and integration of government systems, aiming to reduce fraud and enhance access to essential services[111] - The company is actively pursuing new product development and technological advancements to improve decision-making tools for consumers and businesses[111] - The company is committed to improving operational efficiencies and reducing risks through advanced data solutions and analytics[116] Sustainability and Corporate Responsibility - The company achieved a AAA MSCI Environmental, Social and Governance rating for the eighth consecutive year[28] - The company is committed to sustainability initiatives, with plans to reduce its carbon footprint by 40% by 2025, aligning with global environmental standards[145] Future Outlook - The company expects continued strong underlying revenue growth in 2024, with adjusted operating profit growth slightly exceeding underlying revenue growth[126] - Future outlook includes continued growth in digital solutions and a focus on improving operational performance metrics[120] - The company aims to leverage emerging market opportunities to drive further revenue growth and enhance customer satisfaction[120]

Table of Contents As filed with the Securities and Exchange Commission on February 22, 2024 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) or 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 Or ☑ ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ...

RELX PLC (NYSE:RELX) Q4 2023 Results Conference Call February 15, 2024 3:30 AM ET Company Participants Erik Engstrom - CEO Nicholas Luff - CFO Conference Call Participants George Webb - Morgan Stanley Adam Berlin - UBS Carl Murdock-Smith - Berenberg Nick Dempsey - Barclays Tom Singlehurst - Citi Steve Liechti - Numis Konrad Zomer - ABN AMRO ODDO Sami Kassab - BNP Erik Engstrom Good morning, everybody. Thank you for taking the time to join us today. As you may have seen from our press release this morning, ...

Financial Performance - Revenue for 2022 was £8,553 million, an increase of 18% from £7,244 million in 2021, with underlying growth of 9%[10] - Adjusted operating profit rose to £2,683 million, up 21% from £2,210 million, with underlying growth of 15%[10] - Adjusted earnings per share increased by 10% at constant currencies to 102.2p, compared to 87.6p in 2021[15] - Proposed full-year dividend increased by 10% to 54.6p, up from 49.8p[16] - In 2022, RELX reported revenues of £2,909 million, an increase of 18% from £2,474 million in 2021, with 80% of revenue coming from North America[93] - Revenue for 2022 was £2,909 million, an increase of 8% from £2,474 million in 2021[123] - LexisNexis Legal & Professional reported revenues of £1,782 million in 2022, up from £1,587 million in 2021, with 68% of revenue coming from North America[181] Debt and Cash Flow - Net debt at the end of 2022 was £6.6 billion, with a net debt/EBITDA ratio of 2.1x, down from 2.4x in 2021[17] - Cash flow conversion remained strong at 101%, contributing to a reduction in leverage[27] - The company deployed £500 million on share buybacks in 2022 and plans to deploy a total of £800 million in 2023[18] Emissions and Sustainability - Scope 1 and Scope 2 emissions decreased by 15% to 42,481 tCO2e from 49,695 tCO2e[11] - The company reduced Scope 1 and 2 carbon emissions by 15% and ensured 100% of electricity came from renewable sources[31] - The company received a AAA MSCI ESG rating for the seventh consecutive year, highlighting its commitment to corporate responsibility[32] User Engagement and Content - The number of unique users of the SDG Resource Centre increased to 155,082, up from 133,832[13] - In 2022, the company published over 600,000 new research articles, with its journals accounting for approximately 18% of global research output and 28% of citations[150] - The company launched 88 new journals, primarily Gold open access, increasing its portfolio to over 700 Gold open access journals[150] - The ScienceDirect platform received 1.3 billion visits annually, with 600,000 searches performed daily[174] - In 2022, Elsevier published over 600,000 articles from nearly 2.7 million submissions, maintaining a high publication rate[177] Strategic Focus and Investments - RELX's strategic focus remains on organic development of sophisticated analytics and decision tools, supplemented by selective acquisitions[33] - The company aims to expand content quality and coverage while integrating analytics and technology to improve decision-making[155] - RELX's technology investment amounts to $1.6 billion annually, supporting the development of advanced analytics and decision-making tools[73] Revenue Composition - Subscription revenue accounted for 39% of RELX's total revenue, while transactional revenues made up 61%[93] - Subscription revenue represented 74% of total revenue, while transactional revenue accounted for 26%[136] - Business Services, representing around 45% of RELX's revenue, saw strong growth driven by financial crime and compliance analytics[119] - Insurance Solutions, accounting for just under 40% of revenue, experienced improved momentum in auto insurance and new sales growth[120] - Specialised Industry Data Services, which represents just over 10% of revenue, showed strong growth with aviation returning to historical trends[121] - Government Solutions continues to expand its services, driven by the demand for fraud prevention tools amid increased government funding[111] Future Outlook - The company expects strong underlying revenue growth in 2023, aligning with historical trends, with adjusted operating profit growth broadly matching revenue growth[122] - The company expects underlying revenue growth to remain above historical trends in 2023, with adjusted operating profit growth slightly exceeding revenue growth[169]

Table of Contents | UNITED STATES SECURITIES AND EXCHANGE COMMISSION | | --- | | Washington, D.C. 20549 | | FORM 20-F | | (Mark One) | | ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) or 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 | | Or | | ☑ ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | | For the fiscal year ended December 31, 2022 | | ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | | For the transition period from ...

Legal revenue, profit and margin progression 25 26 | --- | --- | --- | --- | |-------|-----------------------------------------------------------------------------|-------|----------------------------------------------------------------------------------------| | | Appendices | | 28 RELX revenue by segment 39 Reconciliation of adjusted to reported profit before tax | | | 29 RELX revenue by category 40 Balance sheet | | | | | 30 RELX revenue by format 41 Return on invested capital | | | | | 31 Risk: revenue ...