Reporting its first 9 months trading statement, Wolters Kluwer showed total revenues up 3% at CER and +3% organically (reported: +17%, mainly reflecting forex, i.e. the euro’s depreciation versus the US dollar while the positive perimeter impact was small), a reassuring acceleration after the group resumed organic revenue growth over H1 15 (+2%). As a reminder, the organic growth acceleration is key for the group as a 2% level is required for an operating margin improvement... Reflectin
05 Nov 2015
Accelerating organic growth validating the group’s strategy
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Accelerating organic growth validating the group’s strategy
Wolters Kluwer N.V. (WKL:WBO) | 0 0 0.5% | Mkt Cap: 11,543m
- Published:
05 Nov 2015 -
Author:
Véronique Cabioc'h -
Pages:
2
Reporting its first 9 months trading statement, Wolters Kluwer showed total revenues up 3% at CER and +3% organically (reported: +17%, mainly reflecting forex, i.e. the euro’s depreciation versus the US dollar while the positive perimeter impact was small), a reassuring acceleration after the group resumed organic revenue growth over H1 15 (+2%). As a reminder, the organic growth acceleration is key for the group as a 2% level is required for an operating margin improvement... Reflectin