Dual-listed public limited company / Naamloze vennootschap | |
Traded as | : Euronext: REN : RELX : RENX |
Industry | Information and Analytics |
Predecessor |
Elsevier Reed International PLC |
Founded | 1993 (by merger) |
Headquarters | London, United Kingdom and Amsterdam, Netherlands |
Key people
|
Erik Engstrom (CEO) Anthony Habgood (Chairman) |
Products | Information and data analytics, academic and business publishing, exhibitions |
Revenue | £6.895 billion (2016) |
£1.708 billion (2016) | |
£1.169 billion (2016) | |
Number of employees
|
31,200 (2016) |
Subsidiaries |
Elsevier LexisNexis Reed Exhibitions Reed Business Information |
Website | www.relx.com |
RELX Group (known as Reed Elsevier between 1992 and February 2015) is a multinational information and analytics company based in London, in the United Kingdom. It operates in four market segments: scientific, technical and medical; risk and business analytics; legal; and exhibitions.
It is a dual-listed company. RELX PLC, the listed shareholding vehicle, holds 52.9% of the shares in RELX Group. RELX NV, the listed shareholding vehicle, holds 47.1% of the shares in RELX Group. The shares are traded on the London Stock Exchange, Amsterdam Stock Exchange and using the following ticker symbols: London: REL, Amsterdam: REN, New York: RELX and RENX. The company is one of the constituents of the FTSE 100 Index, Financial Times Global 500 and Euronext 100 Index.
The company operates in 40 countries and serves customers in over 180 nations. About 55 per cent of the company’s revenues are generated from the US, with 25 per cent from Europe and 20 per cent from the rest of the world. In 2000, two-thirds of revenues were from print and only a small percentage was digital; by 2016, those numbers had been reversed - print now generates just 13 per cent of revenues at RELX Group.
RELX Group was previously known as Reed Elsevier. The company announced the change of the operating company's name to RELX Group in February 2015.
Reed Elsevier came into being in 1992, following the merger of Reed International, a British trade book and magazine publisher, and Elsevier, the Netherlands-based scientific publisher.
In 1895, Albert E. Reed established a newsprint manufacturing operation at Tovil Mill near Maidstone, Kent.
In 1965 Reed Group, as it was then known, became a conglomerate, creating its Decorative Products Division with the purchase of Crown Paints, Polycell and Sanderson's wallpaper and DIY decorating interests.