Wolters Kluwer NV has exceeded expectations with a 6% revenue surge, 13% operating profit growth, and 9% net profit growth, sending its stock price up 5%.
Wolters Kluwer NV has strengthened its leadership and expanded its global reach through key appointments and partnerships, including the selection of its UpToDate Enterprise Edition by the Royal Devon NHS.
Wolters Kluwer NV has successfully issued a €500 million five-year Eurobond to institutional investors, with a moderate 3.000% coupon rate and expected A- credit rating.
Wolters Kluwer has made a significant impact in the professional services sector, earning global awards and expanding its offerings through the acquisition of Brightflag, a legal spend and matter management software provider.
Wolters Kluwer’s stock price has surged 1.19% following a series of strategic announcements, including the acquisition of IntelliLearn and Brightflag, and the appointment of a new CEO for its Health division.
Wolters Kluwer NV has entered into a partnership with the Malaga Council to enhance student employability through cloud-based technology solutions, while also upgrading its stock rating and repurchasing shares as part of a €1 billion buyback program.