🚀 go-pugleaf

On Thu, 5 Feb 2004 12:40:59 +0100, " Godfried" <g0dfri�d@pf0nline.nl>
wrote:

>AMSTERDAM (Personal Finance Online) - Wolters Kluwer (Euronext Amsterdam:
>WKL), a leading multinational information services company, reported today
>its preliminary un-audited results for the year ended December 31, 2003. The
>company's results are consistent with the outlook reiterated in October and
>indicate continued stabilization of the business.
>
>
>Highlights for 2003 include:*
>
>
>� Benchmark ordinary net income -12% in constant currencies in line with
>outlook
>
>� Total revenues �3,352 million; ordinary EBITA �601 million
>
>� Ordinary EBITA margin of 18%
>
>� New strategy to invest in growth around leading market positions,
>restructure the cost base, and reorganize to improve operational and
>customer focus is firmly in place
>
>� Cost reductions �79 million; approximately one third structural, including
>500 FTE reduction
>
>� Strong revenue growth in Canada, Italy, Central Europe, Scandinavia and
>Spain, as well as within Teleroute, Tax Compliance and Professional &
>Education units
>
>� Net debt reduced by 29% from �2.7 billion to �1.9 billion
>
>� Bond buy-back of �1.125 billion and new bond issue of �700 million
>successfully completed
>
>� Ordinary EPS of �1.16
>
>� Dividend maintained at �0.55 for 2003
>
> http://www.pf-online.nl/cgi-bin/nieuws/view.cgi?18105
>
---------------------------------------------------------------------

Commentaar:

Indien je niet voor dezelfde problemen wil komen te staan zoals met
AHOLD en Parmalat dan is het goed het boek te lezen KOSTOLANY'S
BEURSKRONIEK.

"Bovendien moet men bij teksten tussen de regels kunnen lezen en
ieder bericht overwegen wat erachter zit en of de informatie niet
misleidend is of ongeloofwaardig"

Wolters Kluwer is een prima onderneming, maar je moet wel uitkijken
dat je niet veel betaalt.

Het koersverloop van GETRONICS 2900 % en VERSATEL 1600 % kan WOLTERS
nooit evenaren.