Revenue for Wolters Kluwer rose by 9 percent for the nine months ended September 30, 4 percent in constant currency. The total also went up by 4 percent organically year-over-year, the company said in its recent trading statement.
The company did not provided any revenue or earnings figures, which is typical e for European companies issuing trading updates for results for the first and third quarters.
Tax & Accounting revenue were up by 6 percent organically with the growth coming from software for professionals at firms and corporations. Corporate Performance Solutions—Tagetik and TeamMate—produced 16-percent organic growth. That came from new sales and upgrades. Firms in the United states yielded what the company termed strong growth in the CCH Axcess Suite for both new and existing customers.
Tax & Accounting Europe had 9 percent organic growth, with both on-premise and cloud software performing well in the region.
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
