Rivers of gold flow at for-profit journal giant

RELX, the parent company of Elsevier reports underlying earnings up 4 per cent in the first nine months of ‘21 for its Scientific, Technical and Medical Division (where the journals and the research data products sit)

With admirable understatement, RELX does not reveal what this increase amounts to but in 2020 the STM division earned £2692m with an operating profit of £1021m, or $1844m.