tiprankstipranks
Company Announcements

Wolters Kluwer Reports Strong 2024 Results and Announces Leadership Change

Story Highlights
Wolters Kluwer Reports Strong 2024 Results and Announces Leadership Change

The latest update is out from Wolters Kluwer N.V. ( (GB:0NMU) ).

Wolters Kluwer reported a successful 2024 with a 6% organic revenue growth and an 8% increase in adjusted operating profit. The company plans a €1 billion share buyback in 2025 and anticipates continued growth, particularly in cloud software and expert solutions. The retirement of CEO Nancy McKinstry in 2026 and the nomination of Stacey Caywood as her successor are notable leadership changes. The outlook for 2025 suggests stable organic growth and improved operating margins, despite expected higher financing costs and tax rates.

More about Wolters Kluwer N.V.

Wolters Kluwer is a global leader in providing professional information solutions, software, and services. The company focuses on delivering expert solutions and cloud software, which are significant contributors to its revenue growth. Wolters Kluwer operates primarily in North America, where it generates a substantial portion of its revenues and adjusted operating profit.

YTD Price Performance: 8.16%

Average Trading Volume: 114,391

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €39.08B

For detailed information about 0NMU stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App