- Revenue: First half revenue of €2.89 billion, meeting estimates.
- Organic Revenue Growth: Increased by 6%.
- Operating Margin: Adjusted operating margin was 26.5%, slightly above the estimate of 26.4%.
- Operating Profit: Adjusted operating profit of €765 million, slightly above the estimate of €763.8 million.
- Free Cash Flow: Adjusted free cash flow amounted to €445 million.
- Net Income: Adjusted net income reached €566 million, exceeding the estimate of €559 million.
- EPS: Adjusted EPS was €2.36, beating the estimate of €2.34.
- Future Growth Expectations: Continued good organic growth expected in 2024, similar to the prior year, with an increase in the adjusted operating profit margin.
- Restructuring Costs: Anticipated to be between €10-15 million, down from €15 million in FY 2023.
- Tax Rate: Full-year benchmark tax rate on adjusted pre-tax profits expected to be in the range of 23.0%-24.0%, compared to 22.9% in FY 2023.
- Capital Expenditures: Expected to be near the upper end of the guidance range of 5.0%-6.0% of total revenues, with FY 2023 at 5.8%.
- Analyst Recommendations: 8 buys, 6 holds, and 2 sells.
A look at Wolters Kluwer Nv Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma Smart Scores, Wolters Kluwer NV shows a promising long-term outlook. The company scored high in Momentum, indicating strong market performance and investor interest. With a solid Growth score, Wolters Kluwer is positioned to expand and improve its operations over time. Despite moderate scores in Value, Dividend, and Resilience, the company’s focus on growth and momentum bodes well for its future performance.
Wolters Kluwer NV is a global provider of information services tailored for professionals across various industries. Offering tools and solutions for legal, business, tax, finance, and healthcare sectors, the company operates in numerous countries worldwide. With a focus on efficiency and innovation, Wolters Kluwer aims to empower its customers with information-enabled resources to enhance their business processes.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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