Wolters Kluwer: 2023 EPS up 10%

(CercleFinance.com) - Wolters Kluwer reports a 10% increase in 2023 adjusted EPS to E4.
55, with its adjusted operating margin up 0.3 point at 26.4% on sales of E5.58bn, up 6% organically.

The Dutch publishing group will propose a total dividend that is up 15% at E2.08 per share for the past year, and has announced share buybacks of up to one billion euros for 2024 (of which E100m have already been carried out).

For the year ahead, it expects good organic growth and a further improvement in its adjusted operating margin, with an increase in adjusted EPS burdened by higher financing costs and taxes.


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