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Wolters Kluwer (WTKWY) is a global leader in digital knowledge solutions and cloud software for tax, finance, accounting, and legal professionals. With offerings like the SAP Document and Reporting Compliance solution integrated with the CCH SureTax solution, Wolters Kluwer helps multinational companies manage U.S. tax filing obligations efficiently. The company serves customers in over 180 countries and reported 2022 annual revenues of €5.5 billion.
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.
Wolters Kluwer Legal & Regulatory U.S. announced that its Cheetah® for Corporate Counsel platform has won the 2021 Legalweek Leaders in Tech Law Award in the Research & Data Science category. This recognition highlights the platform's ability to support corporate counsel by streamlining workflows and enhancing decision-making processes amidst increasing regulatory complexities during the pandemic. Wolters Kluwer reported annual revenues of €4.6 billion in 2020 and operates globally in over 180 countries, with shares traded on Euronext Amsterdam and OTC market (WTKWY).
Wolters Kluwer Legal & Regulatory U.S. has announced an expansion of its partnership with Docket Navigator, enhancing access to litigation data and alerts for legal professionals focused on securities law. This collaboration will allow users to benefit from advanced filtering capabilities and receive real-time updates on key actions relevant to their legal practices. The new services will be available through Wolters Kluwer's platforms, Cheetah™ and RBSource, further integrating Docket Navigator's analytics to support legal research and business development.
Wolters Kluwer Legal & Regulatory U.S. has launched Bankruptcy Essentials, a comprehensive digital solution designed to assist legal practitioners in managing bankruptcy litigation and restructuring transactions. This product responds to anticipated increases in bankruptcy cases due to the expiration of COVID-19 aid. The solution integrates expert content with user-friendly navigation, aimed at enhancing efficiency and practical insight for practitioners. Wolters Kluwer reported annual revenues of €4.6 billion in 2020 and continues to expand its offerings in legal solutions.
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