DOCSLIB.ORG

Annual Reports and Financial Statements 2015 Statements Financial and Reports Annual

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual Reports and Financial Statements 2015 Statements Financial and Reports Annual Annual Reports and Financial Statements 2015 Annual Reports and Financial Statements 2015 WorldReginfo - acb0cb3c-8a9d-45ac-9366-2e6150b4ab2e RELX Group is a world-leading provider of information and analytics for professional and business customers across industries. We help scientists make new discoveries, lawyers win cases, doctors save lives and insurance companies offer customers lower prices. We save taxpayers and consumers money by preventing fraud and help executives forge commercial relationships with their clients. In short, we enable our customers to make better decisions, get better results and be more productive. RELX PLC is a London listed holding company which owns 52.9 percent of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1 percent of RELX Group. Forward-looking statements The Reports and Financial Statements 2015 contain forward-looking statements within the meaning of Section 27A of the US Securities Act of 1933, as amended, and Section 21E of the US Securities Exchange Act of 1934, as amended. These statements are subject to a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those currently being anticipated. The terms “estimate”, “project”, “plan”, “intend”, “expect”, “should be”, “will be”, “believe”, “trends” and similar expressions identify forward-looking statements. Factors which may cause future outcomes to differ from those foreseen in forward-looking statements include, but are not limited to competitive factors in the industries in which the Group operates; demand for the Group’s products and services; exchange rate fluctuations; general economic and business conditions; legislative, fiscal, tax and regulatory developments and political risks; the availability of third-party content and data; breaches of our data security systems and interruptions in our information technology systems; changes in law and legal interpretations affecting the Group’s intellectual property rights and other risks referenced from time to time in the filings of the Group with the US Securities and Exchange Commission. WorldReginfo - acb0cb3c-8a9d-45ac-9366-2e6150b4ab2e Overview RELX Group 1 Overview* Overview Contents 2 2015 Financial highlights 3 Chairman’s statement 4 Chief Executive Officer’s report Business review* 8 RELX Group business overview 14 Scientific, Technical & Medical 20 Risk & Business Analytics 28 Legal 34 Exhibitions 41 Corporate Responsibility Business review Financial review* 54 Chief Financial Officer’s report 60 Principal risks Governance 64 Board Directors 66 RELX Group Business Leaders 68 Chairman's introduction to Corporate Governance 69 Corporate Governance 76 Report of the Nominations Committee 77 Directors' Remuneration Report Financial review 91 Report of the Audit Committees Financial statements and other information 94 Consolidated Financial Statements 147 RELX PLC Annual Report and Financial Statements 157 RELX NV Annual Report and Financial Statements 168 Summary financial information in euros 169 Summary financial information Governance in US dollars 171 Shareholder information 175 2016 financial calendar 176 Principal operating locations * Comprises the Strategic Report in accordance with The (UK) Companies Act 2006 (Strategic Report and Directors’ Report) Regulations 2013. Financial statements and other information other statementsFinancial and Get more information online A pdf of the full Annual Report and further information about the Group and our businesses can be found online at our website: www.relx.com WorldReginfo - acb0cb3c-8a9d-45ac-9366-2e6150b4ab2e 2 RELX Group Annual reports and financial statements 2015 2015 Financial highlights § Underlying revenue up 3% § Underlying adjusted operating profit up 5% § Adjusted EPS up 7% to 60.5p (56.3p); up 20% to €0.835 (€0.698); up 8% constant currency § Reported EPS 46.4p (43.0p) for RELX PLC; €0.682 (€0.568) for RELX NV § Full-year dividend up 14% to 29.7p for RELX PLC and up 5% to €0.403 for RELX NV § Strong financial position and cash conversion; leverage 2.2x EBITDA, pensions and lease adjusted (1.8x unadjusted) RELX Group REVENUE ADJUSTED OPERATING PROFIT £m €m £m €m Underlying growth +3% Underlying growth +5% 8,240 2,514 7,159 2,156 5,773 5,971 1,739 1,822 2014 2015 2014 2015 2014 2015 2014 2015 Parent companies RELX PLC RELX NV Adjusted EPS Dividend Adjusted EPS Dividend pence pence € € Growth +7% Growth +14% Growth +20% Growth +5% 60.5 56.3 0.835 0.698 26.0 29.7 0.383 0.403 2014 2015 2014 2015 2014 2015 2014 2015 RELX Group encompasses RELX PLC, RELX NV, RELX Group plc and its subsidiaries, associates and joint ventures. The corporate structure is set out on page 68. RELX Group uses adjusted and underlying figures as additional performance measures. Adjusted figures primarily exclude the amortisation of acquired intangible assets and other items related to acquisitions and disposals, and the associated deferred tax movements. Reconciliations between the reported and adjusted figures are set out on pages 56, 58, 102 and 116. Underlying growth rates are calculated at constant currencies, and exclude the results of acquisitions and disposals made in both the year and prior year and of assets held for sale. Underlying revenue growth rates also exclude the effects of exhibition cycling. Constant currency growth rates are based on 2014 full-year average and hedge exchange rates. RELX NV comparative earnings and dividends per share have been adjusted retrospectively to reflect the bonus issue of shares declared on 30 June 2015. WorldReginfo - acb0cb3c-8a9d-45ac-9366-2e6150b4ab2e Overview Chairman's statement 3 Chairman’s statement Overview Adjusted cash flow conversion was 94%, down from 96% in 2014, with capital expenditure at 5.1% of revenues. Share buybacks During the year, we bought back shares worth £500m. In 2016, we intend to deploy a total of £700m on share buybacks. By February, £100m of this year’s total had already been completed, leaving a further £600m to be deployed during the year. Corporate structure and corporate entity names Business review Following approval at the Annual General Meetings of the parent companies in April, we simplified the corporate structure and changed the names of the companies. On 1 July, Reed Elsevier PLC and Reed Elsevier NV changed their names to RELX PLC and RELX NV respectively. At the same time, the Reed Elsevier R shares, through which Reed Elsevier PLC held a 5.8% indirect interest in Reed Elsevier NV, were cancelled. Anthony Habgood RELX PLC and RELX NV now have 52.9% and 47.1% direct equity Chairman interests in RELX Group plc respectively. The equalisation ratio between RELX PLC and RELX NV shares RELX Group continued to execute was adjusted such that one ordinary share of RELX PLC now confers equivalent economic interests to one ordinary share of Financial review well on its financial and strategic RELX NV. Both ADRs were adjusted as well such that one ADR priorities in 2015. During the year, represents one ordinary share in the respective parent company. These measures simplified our structure, clarified the economic we simplified our corporate interest of parent company shareholders, and increased transparency to shareholders. They also allow us to produce structure, increased transparency consolidated accounts for the first time. The shorter, more modern name reflects the transformation of the company to to shareholders and changed a technology, content and analytics driven business while maintaining the link with its proud heritage. our name. Board alignment and succession After simplifying our corporate structure, we aligned membership Growth of underlying revenues was +3%. Underlying adjusted of the Boards by appointing Marike van Lier Lels as a Non-Executive operating profits grew +5%, with the improvement in profitability Director of RELX PLC and RELX Group plc. Marike has served as a Governance reflecting a combination of underlying revenue growth, process Non-Executive Director of RELX NV since 2010. innovation and portfolio development. Adjusted operating profits increased +5% to £1,822m expressed in sterling, and increased We continue the process of progressively refreshing the Boards. +17% to €2,514m expressed in euros. Lisa Hook and Robert Polet will retire as Non-Executive Directors after 10 and 9 years of service respectively following the AGMs Adjusted earnings per share grew +7% to 60.5p for RELX PLC, in April 2016. After a search by external consultants, Carol Mills and +20% to €0.835 for RELX NV. Reported earnings per share and Robert MacLeod will join the Boards in April 2016, subject to increased +8% to 46.4p for RELX PLC, and +20% to €0.682 for shareholder approval. Carol has nearly 30 years' experience in RELX NV. technology companies including extensive US Board experience. Dividends Robert is Chief Executive Officer of Johnson Matthey, the FTSE 100 The Boards are recommending final dividends of 22.3p for RELX PLC speciality chemicals company and global leader in sustainable technologies. I would like to thank Lisa and Robert for their and €0.288 for RELX NV, up respectively 17% and 1% against the advice and help over many years and welcome Carol and Robert prior year. This brings the total dividends for the year to 29.7p for to RELX Group. information other statementsFinancial and RELX PLC, up 14% and €0.403 for RELX NV, up 5%. The differing growth rates for the two parent companies reflect movements in Corporate responsibility the sterling-euro exchange rate between dividend announcement Good governance is critical to our business. As the foundation for dates and, for the final dividends, the abolition of the tax credit all we do, it is central to our corporate responsibility and future applicable to UK dividends as announced by the UK government and success. Accordingly, we set and meet relevant objectives, effective from April 2016. As a result, future dividends will be the including in 2015, new communication campaigns to ensure that same value for each RELX PLC and RELX NV share, removing the employees at RELX Group understand our compliance policies one remaining difference between the economics of the two shares.
Load more

Recommended publications
  • Orthopaedic Bioengineering Research Laboratory 2010-2011
    2010-2011 Report including the Orthopaedic Bioengineering Research Laboratory Preface It is my pleasure to present our 2010-2011 report been possible without a number of our donors from the Orthopaedic Research Center and the stepping up to provide supplemental funding. Orthopaedic Bioengineering Research Laboratory I’m particularly grateful to Mr. Jim Kennedy for at Colorado State University. Our principal focus providing supplemental operating funds and continues to be solving the significant problems in continuing the legacy of his mother, Barbara Cox equine musculoskeletal disease as can be seen in this Anthony. I’m also grateful to Abigail Kawananakoa report but we also continue to investigate questions for continued support over and above the Endowed relevant to human joint disease and techniques Chair she donated three years ago; and Herbert Allen and devices for human osteoarthritis and articular for continuing to provide considerable support for cartilage repair when the technique can also benefit investigation of cutting edge therapies. the horse. There have been a number of notable projects in this regard. The studies, led by Dr. Dave We have added an Equine Sports Medicine Frisbie at the ORC in partnership with Dr. Alan Ambulatory clinical arm to the Orthopaedic Research Grodzinsky at MIT on an NIH Program Grant in Center and also initiated two residencies in Sports cartilage repair, have been completed and results Medicine and Rehabilitation. This follows on from are still be analyzed. We have three other ongoing the accreditation of a new specialty college, the NIH grants in partnership with collaborators. One is American College of Veterinary Sports Medicine and with Dr.
    [Show full text]
  • Announcement
    Announcement Total 100 articles, created at 2016-06-09 18:04 1 Best mobile games of 2016 (pictures) Looking for a new game to play on your mobile device? Here's our pick of the best released in 2016 (so far). 2016-06-09 12:53 677Bytes (1.08/2) www.cnet.com 2 Apple revamps App Store, may not win over developers Apple Inc. announced a series of long-awaited enhancements to (1.05/2) its App Store on Wednesday, but the new features may not ease concerns of developers and analysts who say that the App Store model - and the very idea of the single-purpose app - has... 2016-06-09 08:46 4KB pctechmag.com 3 HPE Unveils Converged Systems for IoT The Edgeline EL1000 and EL4000 systems are part of a larger series of announcements by HPE to address such IoT issues as (1.02/2) security and management. 2016-06-09 12:49 5KB www.eweek.com 4 What is AmazonFresh? Amazon launches new grocery service for the UK: Can I get (1.02/2) AmazonFresh in the UK? What is AmazonFresh, Amazon launches new grocery service for the UK, Can I get AmazonFresh in the UK, where does AmazonFresh deliver, what does AmazonFresh deliver 2016-06-09 12:42 3KB www.pcadvisor.co.uk 5 Borderlands 3 UK release date, price and gamelplay rumours: Gearbox has confirmed the (1.02/2) game is being developed Gearbox, the developers behind the Borderlands series are back it again with a new game on the horizon. 2016-06-09 11:00 3KB www.pcadvisor.co.uk 6 More Than 32 Million Twitter Passwords May Have Been Hacked And Leaked On The Dark (1.02/2) Web Last week Facebook’s CEO Mark Zuckerberg's social accounts; Pinterest and Twitter were briefly hacked, with the details coming from the LinkedIn breach that happened in 2012, with the founder of the world’s biggest social network reusing the password “dadada.” This time around Twitter users have become the..
    [Show full text]
  • Connections a Publication by the National Association of Realtors®
    VOLUME 17 / ISSUE 2 / SPRING 2017 COMMERCIAL CONNECTIONS A PUBLICATION BY THE NATIONAL ASSOCIATION OF REALTORS® INVESTMENT SPRINGS ETERNAL USING YOUR TIME, MONEY, & ENERGY FOR GROWTH IN THIS ISSUE: PRESIDENT’S UPDATE / Commercial Advocacy on Capitol Hill NETWORKING / Inside MIPIM 2017 ADVOCACY / Q&A With NAR’S Deputy Chief Lobbyist FEATURE / Smart Growth Grants Fund Communities PLUS / Explore New Research, IREM®’s Sustainability Certification, & more. COMMERCIAL CONNECTIONS 2017 NAR PRESIDENT Bill Brown Oakland, CA TABLE OF 2017 COMMERCIAL LIAISON Deena Zimmerman CONTENTS Chicago, IL 2017 COMMERCIAL COMMITTEE CHAIR Tray Bates, CCIM, CIPS, SIOR Corpus Christi, TX FEATURED CONTENT CHIEF EXECUTIVE OFFICER Dale A. Stinton, CAE, CMA, CPA, RCE INSIDE PERSPECTIVE: PAGE 5 SENIOR VICE PRESIDENT ONE-ON-ONE WITH NAR’S DEPUTY CHIEF LOBBYIST Spring is upon us, and the bloom of the cherry blossoms COMMERCIAL & GLOBAL SERVICES in Washington, D.C. means the arrival of my favorite Janet Branton, CAE, CIPS COMMUNITY DEVELOPMENT: PAGE 15 meeting of the year: the REALTORS® Legislative Meetings VICE PRESIDENT SMART GROWTH SPURS COMMUNITIES and Trade Expo. COMMERCIAL & GLOBAL SERVICES Jan Hope, CIPS, RCE INTERNATIONAL: PAGE 20 Members around the country have heard me say this many DIRECTOR MIPIM: STORIES OF A WORLD OF POSSIBILITIES times, but it cannot be repeated enough. 2017 is not only COMMERCIAL REAL ESTATE for the political and policy arenas, but for our own industry. Jean Maday, RCE Advocacy efforts put forth during the Legislative Meetings in ALSO IN THIS ISSUE May will ensure future success for our members. Successful DIRECTOR QUANTITATIVE & PRESIDENT’S UPDATE: PAGE 3 advocacy initiatives depend on visibility.
    [Show full text]
  • Altmetric.Com and Plumx
    This is a preprint of an article published in Scientometrics. The final authenticated version is available online at: https://doi.org/10.1007/s11192-021-03941-y A large-scale comparison of coverage and mentions captured by the two altmetric aggregators- Altmetric.com and PlumX Mousumi Karmakara, Sumit Kumar Banshalb, Vivek Kumar Singha,1 1Department of Computer Science, Banaras Hindu University, Varanasi-221005, India 2Department of Computer Science, South Asian University, New Delhi-110021, India. Abstract: The increased social media attention to scholarly articles has resulted in creation of platforms & services to track the social media transactions around them. Altmetric.com and PlumX are two such popular altmetric aggregators. Scholarly articles get mentions in different social platforms (such as Twitter, Blog, Facebook) and academic social networks (such as Mendeley, Academia and ResearchGate). The aggregators track activity and events in social media and academic social networks and provide the coverage and transaction data to researchers for various purposes. Some previous studies have compared different altmetric aggregators and found differences in the coverage and mentions captured by them. This paper attempts to revisit the question by doing a large-scale analysis of altmetric mentions captured by the two aggregators, for a set 1,785,149 publication records from Web of Science. Results obtained show that PlumX tracks more altmetric sources and captures altmetric events for a larger number of articles as compared to Altmetric.com. However, the coverage and average mentions of the two aggregators, for the same set of articles, vary across different platforms, with Altmetric.com recording higher mentions in Twitter and Blog, and PlumX recording higher mentions in Facebook and Mendeley.
    [Show full text]
  • 2017 Elsevier Foundation Annual Report
    2017 Elsevier Foundation Report Médecins Sans Frontiers doctors conduct a Phase III rotavirus vaccine trial at Epicentre’s Niger Research Center at the Maradi Hospital, which receives an annual capacity building grant of $100,000 from the Elsevier Foundation. © KRISHAN Cheyenne/MSF White City students at a recent Imperial College London workshop with the student drone society. The Elsevier Foundation supported Maker’s Challenge space will launch in September, hosting future White City students as they navigate 3D printers, tackle robotics and many other tech challenges. © Imperial College London 2017 OWSD-Elsevier Foundation woman scientist award winner Felycia Edi Soetaredjo, PhD, Lecturer at Widya Mandala Surabaya Catholic University in Surabaya, Indonesia, was recognized for her work utilizing waste and cheap materials for environmental remediation of renewable energy. © Widya Mandala Surabaya Catholic University The Elsevier Foundation 2017 Board Report 2 Contents Foreword: Youngsuk “YS” Chi, President of the Elsevier Foundation I. The Elsevier Foundation 1. Who we are 2. Our Board 3. Our Programs 4. Our Future II. Our Programs 1. Health & Innovation 2. Research in Developing Countries 3. Diversity in STM 4. Technology for Development IV. Matching Gift V. Media Outreach VI. Financial Overview VII. Appendix The Elsevier Foundation 2017 Board Report 3 The Elsevier Foundation 2017 Board Report 4 Foreword On the occasion of the September 2017 Elsevier Foundation Board Meeting It has been an incredible privilege to steer collaboration in Sustainability. The TWAS the Elsevier Foundation’s development Elsevier Foundation Program provides over the last decade. I continue to be travel grants for PhD’s and postdoc inspired by the dedication and resolve of scientists studying in sustainability fields this group as we strive to tackle important and hosts case study competitions to global challenges.
    [Show full text]
  • RELX Group Teach-In
    RELX Group Teach-In Thursday, 9th November 2017 RELX Group Teach-In Thursday, 9th November 2017 Welcome Colin Tennant Head of Investor Relations, RELX Group Opening remarks My name is Colin Tennant. I am the Head of Investor Relations at RELX Group. I have three things to do today. First is to welcome everybody. So, welcome, everybody. Second is just a little bit of housekeeping. If the fire alarm does go off during this presentation, you'll be leaving the way you came in. There will be people with fluorescent jackets to help you find the exit. Hopefully, that won't happen. And the final thing I need to do is to introduce the host for today's presentation, Chet Burchett, the Chief Executive of Reed Exhibitions, who is going to lead you through all we are going to cover for today. So, Chet over to you. Overview of Reed Exhibitions Chet Burchett Chief Executive Officer, Reed Exhibitions My Background Thank you, Colin. Good afternoon. As Colin notes, I am, indeed, Chet Burchett. I have been Chief Executive for Reed Exhibitions since 2015. I have been with the company for almost 14 years. I joined in February 2004 as President of North America. I came over from Burson-Marsteller, one of the WPP's global public relations agencies, where I had been serving as Chief Executive for their US business. Then, my role expanded for Reed to President of the Americas when I took on responsibility for our South American business which, at the time, was a small operation in Argentina and a few shows in Brazil.
    [Show full text]
  • Elsevier Overview
    | 1 Elsevier Overview Helena Paczuska, Regional Sales Manager CE, EE, Middle Asia Presented By Helena Paczuska Date 23.05.2018, Minsk | 2 | 3 IMPRINTS • Amirsys • Academic Press • Butterworth–Heinemann • Churchill Livingstone • Medicine Publishing • Mosby • Morgan Kaufmann Publishers • Saunders • William Andrew • and others… | 4 ELSEVIER PUBLISH IN CHEMISTRY • 300 OVER JOURNALS INCLUDING Journal of Colloid and Interface Science Solar Energy Materials and Solar Cells Electrochimica Acta Biosensors and Bioelectronics Applied Catalysis B: Environmental • MORE THAN 78,842 ARTICLES PUBLISHED IN THE LAST YEAR • 4,897,103 CITATIONS • SCIENCE DIRECT, REAXYS, KNOVEL, SCOPUS • GREAT ELSEVIER’S WEBSITE • OVER 3,800 CHEMISTRY BOOKS | 5 BEST SELLING CHEMISTRY BOOKS Descriptive Inorganic Chemistry provides updated coverage of the synthesis, reactions, and properties of elements and inorganic compounds | 6 BEST SELLING CHEMISTRY BOOKS The Immunoassay Handbook provides an excellent, updated guide to the science, technology and applications of ELISA and other immunoassays | 7 BEST SELLING CHEMISTRY BOOKS Radioactivity: Introduction and History, From the Quantum to Quarks • PROSE 2017 award winner • provides an overview of radioactivity from natural and artificial sources on earth, radiation of cosmic origins, and an introduction to the atom and its nucleus. | 8 BEST SELLING CHEMISTRY BOOKS Strategic Applications of Named Reactions in Organic Synthesis innovative reference work includes 250 organic reactions and their strategic use in the synthesis of
    [Show full text]
  • RELX Group Annual Reports and Financial Statements 2015
    Annual Reports and Financial Statements 2015 Annual Reports and Financial Statements 2015 RELX Group is a world-leading provider of information and analytics for professional and business customers across industries. We help scientists make new discoveries, lawyers win cases, doctors save lives and insurance companies offer customers lower prices. We save taxpayers and consumers money by preventing fraud and help executives forge commercial relationships with their clients. In short, we enable our customers to make better decisions, get better results and be more productive. RELX PLC is a London listed holding company which owns 52.9 percent of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1 percent of RELX Group. Forward-looking statements The Reports and Financial Statements 2015 contain forward-looking statements within the meaning of Section 27A of the US Securities Act of 1933, as amended, and Section 21E of the US Securities Exchange Act of 1934, as amended. These statements are subject to a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those currently being anticipated. The terms “estimate”, “project”, “plan”, “intend”, “expect”, “should be”, “will be”, “believe”, “trends” and similar expressions identify forward-looking statements. Factors which may cause future outcomes to differ from those foreseen in forward-looking statements include, but are not limited to competitive factors in the industries in which the Group operates; demand for the Group’s products and services; exchange rate fluctuations; general economic and business conditions; legislative, fiscal, tax and regulatory developments and political risks; the availability of third-party content and data; breaches of our data security systems and interruptions in our information technology systems; changes in law and legal interpretations affecting the Group’s intellectual property rights and other risks referenced from time to time in the filings of the Group with the US Securities and Exchange Commission.
    [Show full text]
  • Beijing Hits Back After US Treasury Labels China a Currency Manipulator
    BUSINESS WITH PERSONALITY HEARTBREAK BLAST FROM THE PAST HOTEL WHEN A NEW SUPERCHARGED HOLIDAYS GO £90K CLASSIC MINI P18 WRONG P17 WEDNESDAY 7 AUGUST 2019 ISSUE 3,430 CITYAM.COM FREE CRYIN’ KING Disney investors GOVE POINTS tearful despite box office success THE FINGER CATHERINEAT NEILAN BRUSSELSthe backing of the Commons. ratification of the withdrawal agree- “We can’t have a deal that doesn’t ment, or further extension or revoca- @CatNeilan command the confidence of the gov- tion of Article 50... [I am] certainly not THE UK has accused the EU of refusing ernment, the parliament and the fatalistic about that. to budge on Brexit negotiations and in- country and that is why we have been “Our position is that the withdrawal sisted the bloc “must change its clear with the European Union that agreement, including the backstop is stance” if a no-deal exit is to be dodged. we need a new approach,” he closed, but there is always room for Ireland’s Leo Varadkar yesterday responded. talks and negotiations. We have said said he was confident a no-deal Brexit “We stand ready to engage with the we can certainly make changes to the could still be avoided, despite EU to negotiate in good faith… political declaration, and we have Prime Minister Boris Johnson We will put all our energy demonstrated before to offer clarifica- stressing the UK will leave into making sure we can tions as we did at the request of Prime the European Union “do secure that good deal. Minister May in the past.” or die”, come 31 Octo- “At the moment it’s Yesterday the pound hit its lowest ber.
    [Show full text]
  • Introduction to Ascential Our Investment Case
    INTRODUCTION TO ASCENTIAL OUR INVESTMENT CASE Clear long-term vision. Helping leading global brands connect with their customers in a data-driven world. Structural growth. Demand for information, data & analytics driven by growth of digital commerce. Market leaders. We are leaders, with a unique blend of specialisms, in the high growth areas in which we operate. Robust business model. High recurring and repeat revenue, with more than 50% revenues from digital subscription and platforms, across diverse global customer base. Attractive financial profile. Track record of high single digit revenue growth, strong margins and cash generation, supported by sound capital allocation. Introduction to Ascential 2 OUR CUSTOMER PROPOSITION Our information products and platforms support our customers to do three simple things… CREATE THE RIGHT MAXIMISE THE OPTIMISE DIGITAL PRODUCTS BRAND MARKETING COMMERCE IMPACT Know which products Know how to get Know how to execute the consumer wants maximum creativity with with excellence on the tomorrow. optimised media. winning platforms. 1. 2. 3. Introduction to Ascential 3 SEGMENTAL OVERVIEW –2019 Segment Revenue % Revenue1 Growth1 EBITDA2 Margin Business Model Advisory 10% Digital Subscriptions Product £86m 21% +8% £36m 42% & Platforms 90% Design Digital Subscriptions Advisory & Platforms 11% Marketing £136m 32% +9% £51m 37% 37% Events 52% Advisory 6% Digital Subscriptions & Sales - Platforms 94% Digital £90m 22% +21% £13m 15% Commerce Sales - Digital Subscriptions & Events Platforms 4% Non Digital £68m 16%
    [Show full text]
  • Enriching Chemistry Database Content with Human-Like Indexing of Documents
    WHITE PAPER Enriching Chemistry Database Content with Human-Like Indexing Of Documents APPLYING THE POWER OF A TAXONOMY WITH 450 MILLION TERMS Taxonomies are used to index content in databases, making facts and literature discoverable. The size of some taxonomies can make this task daunting. A comprehensive taxonomy to describe chemistry uses roughly 450 million terms, making it ~450 times the size of the English language and ~150 times the size of the next nearest discipline-specific taxonomy. To ensure that Reaxys® fully facilitates discoverability in the far-reaching and complex discipline of chemistry, two processes occur alongside each other: the familiar manual indexing and excerption method; and a novel automatic but human-like indexing process. How can the content in a large and diverse database be made highly discoverable? The English language has over 1 million words. How many do you think the average person can recognize? The online survey TestYourVocab.com enables visitors to test the size of their English vocabulary. The results reveal interesting trends. Data on roughly 450,000 native English speakers shows that most adult survey participants have a vocabulary size of 20,000 to 35,000 words. These are words that they can recognize and define. Topping the charts were individuals who came near 40,000 words. While these figures do not represent the average English-speaking population—it takes a certain type of person to respond to such surveys—and may be biased by the data collection methodology, the survey results hint at an upper limit to the word and concept retention capacity of the human brain.
    [Show full text]
  • Botanica Marina 2017 · FEBRUARY · Volume 60 · Number 1 · PAGES 1–84
    Botanica MARINA 2017 · FEBRUARY · VOLUME 60 · NUMBER 1 · PAGES 1–84 EDITOR-IN-CHIEF Matthew J. Dring, Belfast/Portaferry, Northern Ireland (–2020) ASSOCIATE EDITORS Kirsten Heimann, Townsville, Australia (–2020) Ka-Lai Pang, Keelung, Taiwan (–2020) Georg Pohnert, Jena, Germany (–2017) Michel Poulin, Ottawa, Canada (–2020) EDITORIAL BOARD Charles D. Amsler, Birmingham, USA (–2020) Inka Bartsch, Bremerhaven, Germany (−2018) John Beardall, Clayton, Australia (–2017) John A. Berges, Milwaukee, USA (–2020) Sung Min Boo, Daejeon, Korea (–2018) Olivier De Clerck, Ghent, Belgium (–2018) Jeffrey L. Gaeckle, Olympia, USA (−2018) Mona Hoppenrath, Wilhelmshaven, Germany (–2018) Catriona Hurd, Hobart, Australia (−2018) Gavin W. Maneveldt, Bellville, South Africa (–2018) Michael J. Wynne, Ann Arbor, USA (–2020) Abstracted/INDEXED IN AGRICOLA (National Agricultural Library); Baidu Scholar; Cabell’s Directory; CABI (over 50 subsections); Celdes; Chemical Abstracts Service (CAS) - CAplus; Chemical Abstracts Service (CAS) - SciFinder; CNKI Scholar (China National Knowledge Infrastructure); CNPIEC; EBSCO (relevant databases); EBSCO Discovery Service; Elsevier - BIOBASE/CABS (Current Awareness in Biological Sciences); Elsevier - Fluidex; Elsevier - Geobase; Elsevier - Reaxys; Elsevier - SCOPUS; Gale/Cengage; Genamics JournalSeek; Google Scholar; J-Gate; JournalTOCs; KESLI-NDSL (Korean National Discovery for Science Leaders); Naviga (Softweco); NISC SA: Fish and Fisheries Worldwide; NISC SA: Water Resources Worldwide; Primo Central (ExLibris); ProQuest (relevant
    [Show full text]