Wolters Kluwer reported satisfactory H1 19 trends, with revenues up 4% organically (in line with Q1 19) and adjusted OP up 9% to €497m (flat margin: 22.5%). The adjusted net profit was €351m (+17%), while diluted adjusted EPS reached €1.28 (+21%; +9% at CER). Positively, the FY19 guidance was reiterated, i.e. another year of good organic revenue growth across the board with the operating margin improving to 23-23.5%. Results globally in line with only minor impacts likely on ou
31 Jul 2019
So far managing to overcome tough comparables
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So far managing to overcome tough comparables
Wolters Kluwer N.V. (WKL:WBO) | 0 0 0.5% | Mkt Cap: 11,543m
- Published:
31 Jul 2019 -
Author:
Véronique Cabioc'h -
Pages:
3
Wolters Kluwer reported satisfactory H1 19 trends, with revenues up 4% organically (in line with Q1 19) and adjusted OP up 9% to €497m (flat margin: 22.5%). The adjusted net profit was €351m (+17%), while diluted adjusted EPS reached €1.28 (+21%; +9% at CER). Positively, the FY19 guidance was reiterated, i.e. another year of good organic revenue growth across the board with the operating margin improving to 23-23.5%. Results globally in line with only minor impacts likely on ou