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๐ ๐๐๐ฌ๐ฎ๐ฅ๐ญ๐ฌ
โข Revenue: โฌ3.03B, +4% in constant currencies and +5% organically
โข Recurring revenue: +7% organically, representing 85% of total revenue
โข Recurring cloud software revenue: +14% organically
โข Adjusted operating profit: โฌ893M, +10% in constant currencies
โข Adjusted operating margin: 29.4%, up 100 bps
โข Diluted adjusted EPS: โฌ2.83, +14% in constant currencies
โข Adjusted free cash flow: โฌ533M, +14% in constant currencies
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๐ฏ ๐๐ฎ๐ข๐๐๐ง๐๐
โข FY2026 group guidance reiterated
โข Adjusted operating margin expected at approximately 28.0%
โข Adjusted free cash flow expected at โฌ1.30Bโโฌ1.35B
โข Diluted adjusted EPS expected to grow at a high-single-digit rate in constant currencies
โข Product development spending remains targeted at 12%โ13% of revenue and will be weighted toward H2
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๐ ๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ
โข More than 90% of U.S. Enterprise customers have adopted UpToDate Expert AI, with over 230 international sites activated across 36 countries
โข Around 250 firms have subscribed to the new CCH Axcess agentic AI modules
โข Wolters Kluwer expanded its partnership with OpenAI to accelerate AI-native solutions across the group
โข Net debt stood at โฌ4.02B, with net debt-to-EBITDA at 2.0x
โข โฌ244M of the planned โฌ500M 2026 share buyback had been completed through August 4
โข Interim dividend set at โฌ1.01 per share
