Wolters Kluwer Legal, Tax & Regulatory Europe: Time to Grow
Amsterdam (September 27, 2006) - Wolters Kluwer Legal, Tax & Regulatory Europe (LTRE), a division of Wolters Kluwer serving professionals in fields including legal, tax, human resources, public administration, and transport across Europe, today announces to investors and financial analysts its growth strategy going forward. The LTRE Division Day in Amsterdam includes an in-depth view of LTRE’s markets and their potential for accelerating profitable growth, with presentations on the successful completion of LTRE’s transformation, new business development, increased go-to-market effectiveness, and continuous improvement in operational excellence.
LTRE is uniquely positioned to offer a broad range of customer-specific sources of information, software, and services to its customers. The division has a long history in Europe as a leader in its markets, with strong and respected local brands and unparalleled content.
LTRE CEO Rolv Eide comments, “We are successfully transforming our division and have made significant progress towards achieving our objectives of creating profitable organic revenue growth. We see improved overall growth as a result of efforts transforming LTRE towards a customer centric organization, increased online development and continuous efficiency improvement. Our focus going forward will be on accelerating profitable growth, to above market growth of 2-3% in the mid- to long-term through greater application of customer insight, driving innovation, capturing key adjacent markets, and geographical expansion in Eastern Europe.”
Today’s presentations will illustrate how LTRE is successfully leveraging the division’s expertise in content management, making increased investments in sales and marketing, and leveraging investments across the division. The division is strongly positioned to benefit from current market trends with its integrated workflow tools and customized product offerings. The division’s product strategy will be illustrated by Kluwer the Netherlands’ state-of-the-art search engines and the integrated desktop solution from Wolters Kluwer Italy. Presenters are members of the division’s management team: Rolv Eide (CEO), Punnika Kharas (CFO), Haico Meijerink (Sales & Marketing Director), Patrick Morley (CEO Kluwer Netherlands), and Donatella Treu (CEO Wolters Kluwer Italy).
Presentations by LTRE Management on September 27, 2006 – The Grand Hotel Amsterdam
Investor/Analyst Meeting – LTRE Division presentations and break-out sessions: 10:30 AM – 4:30 PM CET
The presentations will be webcast on the corporate website www.wolterskluwer.com - click here to view: www.rawcoms.com/content/corporate/wolterskluwer/060927/index.html. The presentations will be archived on the website for future viewing.
About Wolters Kluwer Legal, Tax & Regulatory Europe
Wolters Kluwer Legal, Tax & Regulatory Europe, a division of Wolters Kluwer, focuses on the growth potential of six customer segments: legal; fiscal/financial; human resources; public & government administration; health, safety & environment (HSE); and transport. With a well-established presence in 18 countries, Wolters Kluwer Legal, Tax & Regulatory Europe has annual revenues (2005) of €1,292 million and employs approximately 7,800 people. Wolters Kluwer has annual revenues (2005) of €3.4 billion, employs approximately 18,400 people worldwide and maintains operations across Europe, North America and Asia Pacific. For more information, visit www.wolterskluwer.com.
This press release contains forward-looking statements. These statements may be identified by words such as “expect”, “should”, “could”, “shall”, and similar expressions. Wolters Kluwer cautions that such forward-looking statements are qualified by certain risks and uncertainties that could cause actual results and events to differ materially from what is contemplated by the forward-looking statements. Factors which could cause actual results to differ from these forward-looking statements may include, without limitation, general economic conditions, conditions in the markets in which Wolters Kluwer is engaged, behavior of customers, suppliers and competitors, technological developments, the implementation and execution of new ICT systems or outsourcing, legal -, tax -, and regulatory rules affecting Wolters Kluwer’s businesses, as well as risks related to mergers, acquisitions and divestments. In addition, financial risks, such as currency movements, interest rate fluctuations, liquidity and credit risks could influence future results. The foregoing list of factors should not be construed as exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
- Contact Information
- Leslie Bonacum
- Director, Corporate Communications, Tax, Accounting & Legal Media Relations
- Wolters Kluwer
- Contact via E-mail
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