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Events trip up Relx

The group's events business saw revenues drop 71 per cent in the first half, but its three other divisions grew
Events trip up Relx

Coronavirus battered Relx’s (REL) events business in the first half, with revenues nosediving by 71 per cent compared to the same period last year. Exhibitions, the events segment, moved to a loss of £117m as industry gatherings were either cancelled or postponed as a result of lockdown.

IC TIP: Buy at 1,702p

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