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Wolters Kluwer First Quarter Weak

Friday, 10 May 2013
News

Nancy McKinstry, Wolters KluwerFinancial results for Wolters Kluwer were hit by economic conditions with the parent to CCH reported this weak in a trading update for its first quarter ended March 31. Earnings declined slightly with revenue flat at constant currencies and down 1 percent organically with Eurpean economies denting results. In North America, growth in software revenue was offset by declines in bank product fees in its tax business and print publications.

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