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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.

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