Wolters Kluwer cuts growth forecast

Publishing group Wolters Kluwer has revised its full-year sales growth forecast down from 4% to 3% citing market conditions for non-subscription sales.

The earnings per share forecast remains unchanged.
The company is convinced ‘that the foundation is in place for sustained profitability and long-term growth around our strategy of serving professionals with innovative information, software and services,’ CEO Nancy McKinstry said in a statement.

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