Welcome to our dedicated page for Wolters Kluwer N V news (Ticker: WTKWY), a resource for investors and traders seeking the latest updates and insights on Wolters Kluwer N V stock.
The WTKWY news page tracks company communications and market-relevant updates for Wolters Kluwer S/ADR, which represents American Depositary Receipts of Wolters Kluwer N.V. Wolters Kluwer describes itself as a global leader in professional information solutions, software, and services for sectors such as healthcare, tax and accounting, financial and corporate compliance, legal and regulatory, and corporate performance and ESG.
News for Wolters Kluwer often centers on portfolio moves, technology developments, and capital allocation decisions. Recent press releases include the planned and completed acquisitions of Libra Technology GmbH, a Berlin-based provider of AI technology for legal professionals, and StandardFusion, a global provider of cloud-based governance, risk, and compliance solutions. These updates highlight the company’s focus on AI-enabled legal research, document analysis, and integrated audit and GRC platforms through solutions like Libra AI assistant and the TeamMate internal audit platform.
Investors and professionals following WTKWY can also expect announcements on divestments and corporate structure changes, such as the completion of the divestment of the Finance, Risk and Regulatory Reporting (FRR) unit to Regnology group, as well as capital structure actions including share buyback programs, share cancellations, and capital reductions. Trading updates provide insight into trends in recurring and cloud software revenues, divisional performance in Health, Tax & Accounting, Financial & Corporate Compliance, Legal & Regulatory, and Corporate Performance & ESG, and the geographic mix of revenues.
Governance-related news, such as nominations and appointments to the Supervisory Board, is another regular theme, reflecting the company’s oversight structure. Users interested in WTKWY can use this news feed to monitor how Wolters Kluwer is evolving its product portfolio, AI capabilities, and financial policies over time, based on information released directly by the company.
Wolters Kluwer Compliance Solutions has integrated its ClosingCenter with ICE Mortgage Technology to enhance the digital lending process. This integration allows seamless transfer of loan information, creating a compliant and secure digital workflow from origination to market delivery. The ClosingCenter offers a complete digital solution including eSignature, eNote generation, and integration with the MERS eRegistry, aimed at improving capital velocity in mortgage transactions. This move reflects a response to the growing demand for fully digital mortgage transactions.
Wolters Kluwer has nominated Heleen Kersten for appointment to its Supervisory Board, with the nomination set for review at the upcoming Annual General Meeting on April 21, 2022. Kersten, a partner at Stibbe with expertise in mergers and acquisitions and corporate governance, brings extensive experience to the role. Chairman Frans Cremers praised her nomination as a reinforcement of the company's commitment to diversity at the senior management level. Wolters Kluwer reported 2020 revenues of €4.6 billion, serving clients in over 180 countries.
Wolters Kluwer's 2021 Half-Year Report highlights revenues of €2,280 million, reflecting a 6% increase in constant currencies and 5% organically. Recurring revenues are up 5% organically. Adjusted operating profit saw a 14% rise to €613 million, with a margin of 26.9%. Diluted adjusted EPS increased 4% overall to €1.66. The interim dividend is set at €0.54 per share. Strong cash flow and a net debt of €2,417 million contribute to improved liquidity. The company expects full-year organic growth to enhance across all divisions while managing operational costs.
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