The operating performance underpins the company’s confidence in reaching its previously stated full-year 2010 guidance.
Wolters Kluwer reiterates its guidance for the full year 2010 and medium term, based on trading conditions through May 2010. Wolters Kluwer expects organic revenue growth to be flat for the first half-year 2010 and ordinary EBITA margin to be in line with the first half-year 2009, and expects solid free cash flow. This operating performance underpins the company’s confidence in reaching its previously stated full-year 2010 guidance (see table below). The company made this announcement prior to its scheduled half-year 2010 results on July 28, 2010, in light of an inadvertent release of information.