Wolters Kluwer Tax & Accounting reported revenue of $1.1 billion for the first half ended. June 30, a 5 percent increase over last year’s corresponding period.
North American business comprised 62 percent of divisional revenue with 7 percent organic growth. Divisional growth was driven by double-digit organic growth in the CCH Axcess Suite. The rate of growth was dampened by slower growth in recurring on-premise software revenue.
Revenue for the Corporate division rose 7 percent to $348 million and was also up 7 percent in constant currency and organic revenue.
Company revenue rose to $3.1 billion, an increase of 6 percent over last year’s corresponding period and also up the same percentage in constant currency and organic growth.
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
