Wolters Kluwer to Retain Transport Services
(Thomson Reuters ONE) -
(July 9, 2015) - Wolters Kluwer announces that, following a strategic review, it
has decided to retain its Transport Services unit. After evaluating alternatives
for the business, including a possible divestment, Wolters Kluwer management has
concluded that more value can be derived from continuing the transformation of
the unit. Management is confident that Transport Services, which represented 1%
of group revenue in 2014 and is profitable, will successfully complete its
conversion to a subscription model and grow its transport management software
offering.
About Wolters Kluwer
Wolters Kluwer is a global leader in professional information services.
Professionals in the areas of legal, business, tax, accounting, finance, audit,
risk, compliance and healthcare rely on Wolters Kluwer's market leading
information-enabled tools and software solutions to manage their business
efficiently, deliver results to their clients, and succeed in an ever more
dynamic world. Wolters Kluwer reported 2014 annual revenues of ?3.7 billion. The
group serves customers in over 170 countries, and employs over 19,000 people
worldwide. The company is headquartered in Alphen aan den Rijn, the
Netherlands.
Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in
the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1
American Depositary Receipt program. The ADRs are traded on the over-the-counter
market in the U.S. (WTKWY). For more information about our products and
organization, visit www.wolterskluwer.com, follow (at)Wolters_Kluwer on Twitter,
like us on Facebook, follow us on LinkedIn, or follow WoltersKluwerComms on
YouTube.
Media contact Investors/Analysts
Annemarije Pikaar Meg Geldens
Corporate Communications Investor Relations
t + 31 (0)172 641 470 t + 31 (0)172 641 407
press(at)wolterskluwer.com ir(at)wolterskluwer.com
Forward-looking Statements
This report contains forward-looking statements. These statements may be
identified by words such as "expect", "should", "could", "shall" and similar
expressions. Wolters Kluwer cautions that such forward-looking statements are
qualified by certain risks and uncertainties that could cause actual results and
events to differ materially from what is contemplated by the forward-looking
statements. Factors which could cause actual results to differ from these
forward-looking statements may include, without limitation, general economic
conditions; conditions in the markets in which Wolters Kluwer is engaged;
behavior of customers, suppliers, and competitors; technological developments;
the implementation and execution of new ICT systems or outsourcing; and legal,
tax, and regulatory rules affecting Wolters Kluwer's businesses, as well as
risks related to mergers, acquisitions, and divestments. In addition, financial
risks such as currency movements, interest rate fluctuations, liquidity, and
credit risks could influence future results. The foregoing list of factors
should not be construed as exhaustive. Wolters Kluwer disclaims any intention or
obligation to publicly update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise.
PDF version of Press Release:
http://hugin.info/130682/R/1936230/697897.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Wolters Kluwer NV via GlobeNewswire
[HUG#1936230]
Unternehmensinformation / Kurzprofil:
Datum: 09.07.2015 - 12:03 Uhr
Sprache: Deutsch
News-ID 405790
Anzahl Zeichen: 4227
contact information:
Town:
Alphen aan den Rijn
Kategorie:
Business News
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