Tax, Accounting Software Sales Good for Wolters Kluwer

Friday, 01 August 2014
News

Nancy McKinstry, Wolters KluwerWolters Kluwer reported that its Tax & Accounting software business was relatively strong for the first half ended June 30. The company said in an earnings webcast this week that the software business had organic revenue growth of 4 percent. However, CEO Nancy McKinstry said that reorganization in the unit is reducing its profit margins for 2014.

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