Wolters Kluwer: full-year 2018 guidance reaffirmed
(CercleFinance.com) - Dutch publisher Wolters Kluwer reaffirmed its full-year 2018 guidance on Wednesday after first-quarter revenues grew 4% organically.
The group, which provides professional information and software solutions, said in particular that digital and services revenues grew 5% organically.
Also, first-quarter adjusted operating profit margin was up slightly, it said.
"We have had a good start to the year, broadly in line with our expectations", commented CEO Nancy McKinstry.
For 2018, Wolters Kluwer still expects to deliver solid organic growth and margin improvement.
Listed in Amsterdam, the shares were down 1.1% after the report.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
The group, which provides professional information and software solutions, said in particular that digital and services revenues grew 5% organically.
Also, first-quarter adjusted operating profit margin was up slightly, it said.
"We have had a good start to the year, broadly in line with our expectations", commented CEO Nancy McKinstry.
For 2018, Wolters Kluwer still expects to deliver solid organic growth and margin improvement.
Listed in Amsterdam, the shares were down 1.1% after the report.
Copyright (c) 2018 CercleFinance.com. All rights reserved.