Core Insights - Wolters Kluwer reported a 6% organic growth for the first nine months of 2025, with significant momentum in the third quarter across various sectors including Health, Tax & Accounting, and Corporate Performance & ESG [4][10]. Financial Performance - Nine-month revenues increased by 5% in reporting currency, with a 2% negative impact from currency translation due to the U.S. dollar's depreciation against the Euro. In constant currencies, revenues rose by 7% [5]. - Recurring revenues, which account for 84% of total revenues, maintained a 7% organic growth, while non-recurring revenues declined by 2% [6]. - Adjusted operating profit for the nine months increased by 15% in constant currencies, with an improved profit margin driven by sectors such as Health and Tax & Accounting [8][10]. - Nine-month adjusted free cash flow rose by 17% in constant currencies, benefiting from favorable working capital movements [10][17]. Segment Performance - Health segment revenues grew by 4% in constant currencies, with organic growth at 5%. Clinical Solutions saw a 7% organic growth [9][11]. - Tax & Accounting revenues increased by 9% in constant currencies, with organic growth at 7% [11][14]. - Financial & Corporate Compliance revenues rose by 7% in constant currencies, with organic growth at 4% [12]. - Legal & Regulatory revenues grew by 7% in constant currencies, with organic growth at 6% [13]. - Corporate Performance & ESG revenues increased by 8% in constant currencies, with organic growth also at 8% [14]. Cash Flow and Debt Management - Total acquisition spending for the first nine months was €839 million, primarily for the acquisitions of RASI and Brightflag [18]. - As of September 30, 2025, net debt stood at €4,404 million, reflecting cash flow allocated to dividends, share repurchases, and acquisitions [19]. Shareholder Returns - A share buyback program of up to €1 billion was completed on November 3, 2025, with a new mandate signed for an additional €200 million repurchase from November 6, 2025, to February 23, 2026 [10][24]. Sustainability Initiatives - The company achieved a 7% organic reduction in office space in the first nine months of 2025, contributing to efforts to reduce greenhouse gas emissions [21].

Core Insights - The global publishing giants have transitioned from digital transformation to a new phase centered on artificial intelligence (AI), cloud platforms, and open access, focusing on business intelligence and integrated solutions to reshape the value chain and create new business moats [1] Group 1: Financial Performance - RELX reported a revenue of £4.741 billion (approximately ¥45.695 billion) for the first half of 2025, with a potential year-on-year growth of 7% and an adjusted operating profit of £1.652 billion (approximately ¥15.903 billion), also showing a potential growth of 9% [6][7] - Wolters Kluwer achieved a revenue of €3.052 billion (approximately ¥25.419 billion) for the first half of 2025, with a potential year-on-year growth of 5% and an adjusted operating profit of €865 million (approximately ¥7.204 billion), reflecting a 14% increase [11] - Springer Nature's revenue for the first half of 2025 was €926 million (approximately ¥7.715 billion), with a potential year-on-year growth of 6.2% and an adjusted operating profit of €241 million (approximately ¥2.008 billion), showing a potential growth of 9.8% [16][17] - Taylor & Francis reported a revenue of £3.29 billion (approximately ¥31.69 billion) for the first half of 2025, with a potential year-on-year growth of 11.9% and an adjusted operating profit of £110 million (approximately ¥1.06 billion), reflecting a potential growth of 17.8% [18] - Wiley's revenue for Q1 of FY2026 was $397 million (approximately ¥2.699 billion), a decrease from the previous year, but with an operating profit of $31 million, showing a 7% year-on-year increase [20] Group 2: Strategic Focus and Innovations - RELX has completed its transition from traditional print to digital publishing, with print revenue now accounting for only 4% of total revenue, and is focusing on personalized customer needs [8] - Wolters Kluwer is emphasizing cloud-based expert solutions, with 59% of total revenue coming from expert solutions, and is integrating generative AI technology into its product platforms [12] - Springer Nature is leading in open access business, with a significant increase in the number of articles published in fully open access journals, and has completed nearly all contract renewals for 2025 [17] - Taylor & Francis is accelerating the application of AI technology in publishing, including translating books into English to reduce costs and enhance international dissemination [18] - Wiley is focusing on content licensing and AI model training, with a significant increase in AI-related revenue and partnerships with leading tech companies to enhance its AI capabilities [21][22]

Core Insights - Wolters Kluwer has launched the "People of Progress" campaign, an AI-driven branding initiative aimed at enhancing brand recognition and showcasing the transformative power of its technology-led solutions [2][4] - The campaign emphasizes customer success stories, positioning Wolters Kluwer as a dynamic platform for progress across various industries [3][6] - The initiative reflects the company's commitment to sustained brand building as a driver of revenue and growth, integrating data-driven targeting with creativity and expert AI features [4][6] Company Overview - Wolters Kluwer is a global leader in information solutions, software, and services for professionals in sectors such as healthcare, tax and accounting, financial compliance, legal, and corporate performance [2][10] - The company reported annual revenues of €5.9 billion for 2024 and serves customers in over 180 countries, employing approximately 21,900 people [11] Campaign Details - The "People of Progress" campaign will run for over three years and includes various media assets such as video storytelling, digital placements, and immersive event activations [4][7] - The campaign's media strategy began with a test-and-learn approach in the U.S., utilizing paid channels like LinkedIn and programmatic advertising, with insights guiding its rollout [7] Strategic Partnerships - Wolters Kluwer has partnered with Stein and MassiveMusic to create a modern campaign and distinctive sound identity, centered around the Customer Progress Bar as a visual symbol of advancement [5]

Core Insights - Wolters Kluwer reported a 5% organic growth in the first half of 2025, driven by a 7% organic growth in recurring revenue streams, while non-recurring revenues declined due to macroeconomic uncertainty [4][6][54] - The company made significant advancements in integrating generative AI capabilities into its platforms, enhancing customer productivity and outcomes [4][18][19] Financial Performance - Total revenues for the first half of 2025 reached €3,052 million, a 6% increase compared to €2,891 million in 2024 [4][35] - Adjusted operating profit rose to €865 million, reflecting a 13% increase, with an adjusted operating profit margin of 28.4%, up from 26.5% in the previous year [4][36] - Adjusted net profit increased by 11% to €631 million, with diluted adjusted EPS rising to €2.70, a 14% increase [4][39] Revenue Breakdown - Recurring revenues accounted for 84% of total revenues, growing 7% organically, while non-recurring revenues declined 4% [6][54] - The Health division reported revenues of €788 million, up 2%, while Tax & Accounting revenues increased by 8% to €837 million [52][62] - Financial & Corporate Compliance revenues grew 6% to €635 million, and Legal & Regulatory revenues increased by 6% to €487 million [70][77] Strategic Initiatives - The company is focused on scaling expert solutions and advancing cloud-based software as a service (SaaS) revenue models [14][20] - Investments in generative and agentic AI are being prioritized to enhance customer workflows and decision-making processes [19][23] - Wolters Kluwer plans to divest its Finance, Risk & Regulatory Reporting unit for approximately €450 million, which is expected to complete in Q4 2025 [76] Shareholder Returns - An interim dividend of €0.93 per share has been declared, representing 40% of the prior year's total dividend [25] - The company is on track to complete a share buyback program of up to €1 billion, having repurchased €637 million worth of shares by July 29, 2025 [27][29] Outlook for 2025 - The company expects full-year 2025 organic growth to be in line with the previous year, with adjusted operating profit margin anticipated to be near the top end of the range [7][8] - Guidance for diluted adjusted EPS growth is projected to be in the mid- to high-single digits in constant currencies [7][8]

Core Viewpoint - Wolters Kluwer has appointed Greg Samios as the new CEO of its Health division, effective June 1, 2025, succeeding Stacey Caywood [1][4]. Group 1: Leadership and Experience - Greg Samios brings over 25 years of experience in the healthcare sector, having previously served as Executive Vice President of the Health division's largest business units, Clinical Effectiveness and Health Learning, Research, and Practice [2]. - Under Samios's leadership, Wolters Kluwer has seen growth in its clinical decision support and drug information products, including UpToDate and Medi-Span, and he has introduced generative AI into the company's healthcare offerings [2][4]. - Samios has a strong educational background, holding an MBA from Duke University and degrees in Engineering from the University of Rochester [3]. Group 2: Company Overview - Wolters Kluwer is a global leader in information solutions, software, and services across various sectors, including healthcare, tax, accounting, legal, and corporate compliance [6]. - The company reported annual revenues of €5.9 billion in 2024 and operates in over 40 countries, employing approximately 21,900 people [7]. - Wolters Kluwer is listed on Euronext Amsterdam and is included in major indices such as AEX and Euro Stoxx 50 [8].