May 10, 2017 / 6:25 AM / 2 months ago

BRIEF-Wolters Kluwer Q1 results in line with expectations; FY 2017 guidance reaffirmed

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May 10 (Reuters) - WOLTERS KLUWER NV:

* FIRST-QUARTER RESULTS IN LINE WITH EXPECTATIONS; FULL-YEAR 2017 GUIDANCE REAFFIRMED

* First-Quarter Adjusted Operating Profit Margin Stable

* FIRST-QUARTER REVENUES UP 3% IN CONSTANT CURRENCIES AND UP 2% ORGANICALLY

* SHARE BUYBACK 2016-2018: EUR 100 MILLION ($108.9 MILLION) COMPLETED IN 2017 TO DATE

* Net-Debt-to Ebitda Ratio 1.6x as of 31 March, 2017.

* EXPECT TO DELIVER SOLID ORGANIC GROWTH, TO DRIVE FURTHER MARGIN IMPROVEMENT, AND TO GROW DILUTED ADJUSTED EPS AT A MID-SINGLE-DIGIT RATE IN CONSTANT CURRENCIES

* Confident in Our Outlook for Full Year 2017 - Ceo

* REFINED GUIDANCE FOR RETURN ON INVESTED CAPITAL (FROM PREVIOUSLY: >9 PCT)

* FY 2017 GUIDANCE ADJUSTED OPERATING PROFIT MARGIN 22.5 PCT-23.0 PCT

* FY 2017 GUIDANCE ADJUSTED FREE CASH FLOW EUR 675-725 MILLION

* FY 2017 GUIDANCE RETURN ON INVESTED CAPITAL 9.5 PCT-10.0 PCT

* FY 2017 GUIDANCE DILUTED ADJUSTED EPS MID-SINGLE-DIGIT GROWTH Source text for Eikon: Further company coverage: ($1 = 0.9181 euros) (Gdynia Newsroom)

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