In a Q1 18 trading update, Wolters Kluwer reported mainly positive developments: ? Q1 18 revenue down 8% yoy but up 2% at constant currencies and up 4% organically. ? Q1 18 adjusted operating profit margin up slightly. ? Q1 18 adjusted free cash flow declined slightly and the net debt/EBITDA ratio was 1.4x as of 31 March 2018. ? Share buy-back programme on track: €200m executed as of 7 May 2018 and it signed a third-party mandate committing the company to a further €100m in repurcha
17 May 2018
A solid start to the year excluding FX
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A solid start to the year excluding FX
Wolters Kluwer N.V. (WKL:WBO) | 0 0 0.5% | Mkt Cap: 11,543m
- Published:
17 May 2018 -
Author:
Lionel Pellicer -
Pages:
3
In a Q1 18 trading update, Wolters Kluwer reported mainly positive developments: ? Q1 18 revenue down 8% yoy but up 2% at constant currencies and up 4% organically. ? Q1 18 adjusted operating profit margin up slightly. ? Q1 18 adjusted free cash flow declined slightly and the net debt/EBITDA ratio was 1.4x as of 31 March 2018. ? Share buy-back programme on track: €200m executed as of 7 May 2018 and it signed a third-party mandate committing the company to a further €100m in repurcha