Wolters Kluwer’s 9M18 trading statement showed continued single digit organic growth albeit more than offset by an adverse FX impact, especially concerning the USD. Operating profit also improved but included one-time benefits in H1 and accrual releases in Q3 (no figures available) meaning that there is no extrapolable trend. FY18 guidance was confirmed.
31 Oct 2018
Q3 margin momentum faded while FX offset organic growth.
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Q3 margin momentum faded while FX offset organic growth.
Wolters Kluwer N.V. (WKL:WBO) | 0 0 0.5% | Mkt Cap: 11,543m
- Published:
31 Oct 2018 -
Author:
Lionel Pellicer -
Pages:
3
Wolters Kluwer’s 9M18 trading statement showed continued single digit organic growth albeit more than offset by an adverse FX impact, especially concerning the USD. Operating profit also improved but included one-time benefits in H1 and accrual releases in Q3 (no figures available) meaning that there is no extrapolable trend. FY18 guidance was confirmed.