Wolters Kluwer shares rise on earnings beat

Shares in Dutch information services provider Wolters Kluwer NV rose 3.2% in early European trading on Tuesday after the company reported second-quarter earnings that exceeded analyst expectations.

The Amsterdam-based group, which specializes in professional information, software solutions and services for healthcare, tax and legal professionals, said adjusted net profit increased 8% year-over-year to €247 million ($268 million). Revenue grew 6% to €1.1 billion, driven by strong demand in its healthcare and tax divisions.

Analysts polled by Refinitiv had forecast adjusted net profit of €235 million on revenue of €1.08 billion. The company maintained its full-year guidance, reaffirming an adjusted net profit target of €950 million to €980 million.

Wolters Kluwer’s performance underscores resilience in its core markets despite broader economic uncertainty. The healthcare segment, which accounts for roughly half of total revenue, continued to expand, supported by digital transformation trends in the sector. The tax and legal divisions also contributed to growth, benefiting from regulatory complexity and compliance demand.

The stock, which had lagged behind peers in recent months, gained momentum following the results. Trading volumes were 1.5 times the 30-day average as investors reacted to the positive surprise.

Chief Executive Officer Nancy McKinstry said the company remains focused on organic growth and strategic acquisitions to enhance its market position. Wolters Kluwer has completed over 20 acquisitions in the past five years, including the 2022 purchase of software firm FAROS.

The shares were up 2.9% at €112.50 by 08:45 GMT, outperforming the broader Euro Stoxx 600 index, which was flat on the day.