Wolters Kluwer falls as in-line results disappoint hopeful market
** Shares in Wolters Kluwer WLSNc.AS fall 3.5% after it reported H1 results largely in line with estimates and reiterated full-year guidance, while market had hoped for guidance raise and results beat according to Barclays
** The company reiterated its full-year group guidance, with ING expecting limited changes to consensus estimates
** "Wolters shares have done well this year and there was some hope for a beat or a raise to FY guidance," Barclays analyst Nick Dempsey says
** The Dutch information services group's H1 revenue came to EUR 2,891 million ($3.13 billion) against an ING forecast of EUR 2,894 million
** Compared to consensus revenues came in inline, adj. operating profit +1%, and adj. diluted EPS +1%, ING says in a note
** Including today's fall the stock is up 18.14% YTD
($1 = 0.9250 euros)
Reporting by Elviira Luoma
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