Wolters Kluwer's fiscal 2024 profit and revenue increase by 6%, CEO succession plan announced.

From Nasdaq: 2025-02-26 02:32:42

Wolters Kluwer reported a fiscal 2024 profit of 1.08 billion euros, a 7% increase from last year, with EPS at 4.52 euros compared to 4.09 euros. Adjusted operating profit rose to 1.6 billion euros, up 8% in constant currencies, and adjusted EPS increased to 4.97 euros, up 9% overall and 11% in constant currencies. Fiscal 2024 IFRS revenues reached 5.92 billion euros, a 6% increase from the previous year, with revenues up 6% organically. The company expects full-year 2025 organic growth in line with the prior year and mid-single-digit adjusted EPS growth. CEO Nancy McKinstry will retire in February 2026, with Stacey Caywood set to take over as CEO.

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Read more at Nasdaq: Wolters Kluwer FY24 Profit Rises, Organic Revenue Growth At 6%; Announces CEO Succession Plan