Wolters Kluwer revenue down

Share this article:

Wolters Kluwer reported 2007 revenues for its health division down to 761 million Euros from 823 million Euros in 2006 and operating profits down to 78 million from 80 million. For the fourth quarter of 2007, revenues were down to 206 million Euros from 232 million for Q4 2006.

On the upside, Wolters Kluwer said health products delivered organic growth of 1%, “with strong growth in Clinical Solutions and Medical Research, partially offset by weakening pharma promotional spending, price compression in Healthcare Analytics, and softening book sales in legacy channels.” The publisher vowed to strengthen the division through investment in new products and data sets. 
Share this article:
You must be a registered member of MMM to post a comment.

Reimagining healthcare? We want to hear about it.
 
Submit nominations here for MM&M's first-ever list of the Top 40 Healthcare Transformers

Email Newsletters

MM&M inVISION

More in Features

Is your marketing strategy stuck in 2005?

Is your marketing strategy stuck in 2005?

It is not enough to just have a killer black book or Rolodex. The market needs agile, swift marketing

Is guidance stifling social media?

Recent FDA draft guidance was meant to help companies create FDA-compliant tweets and handle third-party misinformation on the web. What other obstacles lie in the path of effective social media use?

Upward Move: Jose Rivera

Upward Move: Jose Rivera

Jose Rivera. EVP, account director, Concentric