After a modest H1 17 organic top-line growth rate (+2%; was +3% in H1 16), Wolters Kluwer reported a satisfactory 9-months trading statement, highlighting a +3% organic top-line performance compared to +2% a year earlier (revenues up 5% at CER as well as on a reported basis). The adjusted operating profit is said to be up 10% at CER (i.e. a “solid margin increase”; no other details are communicated at this stage of the year), supported by continuing costs efficiency measures and a
03 Nov 2017
Continuing to progress well
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Continuing to progress well
Wolters Kluwer N.V. (WKL:WBO) | 0 0 0.5% | Mkt Cap: 11,543m
- Published:
03 Nov 2017 -
Author:
Véronique Cabioc'h -
Pages:
3
After a modest H1 17 organic top-line growth rate (+2%; was +3% in H1 16), Wolters Kluwer reported a satisfactory 9-months trading statement, highlighting a +3% organic top-line performance compared to +2% a year earlier (revenues up 5% at CER as well as on a reported basis). The adjusted operating profit is said to be up 10% at CER (i.e. a “solid margin increase”; no other details are communicated at this stage of the year), supported by continuing costs efficiency measures and a