Half Year 2025 Wolters Kluwer NV Earnings Call Transcript
Key Points
- Wolters Kluwer NV (WOLTF) reported a solid start to the year with 5% organic growth and a strong increase in adjusted operating profit margin.
- Diluted adjusted EPS rose 14% in constant currencies, and adjusted free cash flow increased by 13% in constant currencies.
- The company made significant progress in rolling out generative AI features across its products, enhancing customer workflows and supporting subscription renewals.
- Wolters Kluwer NV (WOLTF) made strategic acquisitions in the higher growth mid-market corporate segment, including RASi and Brightflag.
- The company maintained a strong balance sheet with leverage within the target range and continued significant cash returns to shareholders through dividends and share buybacks.
- Organic growth was slightly lower than the prior period due to a downturn in nonrecurring revenues.
- Health division's organic growth slowed to 4% from 6% a year ago, impacted by timing of renewals and a sharper decline in print.
- Nonrecurring revenues turned negative, declining 4% due to downturns in on-premise software licenses and implementation services.
- The adjusted operating profit margin is expected to face headwinds in the second half due to currency fluctuations and restructuring costs.
- Print book revenue experienced a sharp downturn, with a decline of 11% across the group and 17% in Health.
Good day and thank you for standing by. Welcome to the Wolters Kluwer half-year 2025 results webcast and conference call. (Operator Instructions) Please be advised that today's conference is being recorded.
I would now like to hand over to your host Meg Geldens, Vice President, Investor Relations, to begin today's conference. Please go ahead.
Thank you, Sandra, and welcome, everyone to our half-year 2025 results presentation. Today's earnings release and the slides are available for download on the Investor (technical difficulty) website wolterskluwer.com. With us on the call today are Nancy McKinstry, our CEO; and Kevin Entricken, our CFO. Nancy and Kevin will discuss the highlights of our results, and we'll take your questions at the end.
Before we start, I'd just like to remind you that some statements we make today may be forward-looking. We caution that these statements are subject to risk and uncertainty that may cause actual results to differ materially from those
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
