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WK Revs Rise 13 Percent

Arrow blue Revenue for Wolters Kluwer rose by 13 percent for the first quarter ended March 31, up 8 percent in constant currencies and organically, the company said this month. 

Tax & Accounting revenue growth by 9 percent organically with Professional Tax & Accounting registering double-digit organic growth. However, that compared to the extended 2021 tax season which saw revenue shift into the June quarter.

The figures were issued during a first-quarter trading update. WK did not provide any revenue or earnings figures, in line with its practice for updates for the first and third quarters.

The company also said Tax & Accounting benefited from the demand for outsourced professional services.

Bob Scott
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
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