WK did not mention the performance of other tax and accounting products. It noted, “Market conditions for new software sales remain challenged.
In trading updates, European companies report limited amount of information for their first and third quarters. WK did not publish any revenue figures, only percentage changes.
The company said Tax & Accounting revenue grew by 5 percent in constant currency, in part because of the purchase of XCM Solutions in September with organic growth coming in at 3 percent. Overall, The weaker U.S. dollar trimmed financial results for the quarter. revenue was down 2 percent, but rose 4 percent in constant currencies.