Question · Q3 2025
Steven Craig Thomas Liechti from Deutsche Bank AG asked for clarity on forward booking trends for the Events division, views on the NIH APC proposals and their potential global impact, and the positioning of the Protégé General AI product within the broader AI portfolio.
Answer
CFO Nick Luff noted good momentum in the Exhibitions division, driven by a higher value-add portfolio and digital initiatives, with no specific callouts on forward bookings. CEO Erik Engstrom explained that RELX's STM strategy adapts to evolving policies like NIH's, leveraging its high-quality content and technology. Engstrom clarified that Protégé General AI is a natural evolution, integrating broad web content within a firewalled, multi-model environment, ensuring clear trust and usage without exposing proprietary content.