Wolters Kluwer (WKL) AGM 2025 summary

Opening remarks and agenda

• Meeting convened with all Supervisory and Executive Board members present, along with the auditor and notary; statutory requirements for valid resolutions confirmed.

• Agenda items introduced, with performance review and strategic plan as key topics.

Financial performance review

• Achieved 6% organic revenue growth and increased operating profit margin to 27.1% in 2024.

• Diluted adjusted EPS rose 11%, adjusted free cash flow up 9%, and return on invested capital reached 18.1%.

• Recurring revenue streams grew 7% organically; cloud revenues now exceed on-premise, representing 42% of software revenues.

• Share price increased 25% in 2024 and 55% over three years; balance sheet leverage at 1.6x.

Strategic initiatives and plans

• Launched a new three-year strategic plan (2025–2027) focused on scaling expert solutions, accelerating growth, and evolving capabilities.

• Priorities include expanding cloud-based solutions, pursuing high-growth adjacencies, and enhancing go-to-market and ESG performance.

• Continued investment in product innovation, especially generative AI, and migration of customers to cloud platforms.