Wolters Kluwer N.v. · EURONEXT:WKL
Wolters Kluwer — Shareholder Meeting (April 2020)
15 slides from Wolters Kluwer's shareholder meeting presentation, Apr 23, 2020
Slide 1: Wolters Kluwer N.V. 2020 Annual General Meeting
Wolters Kluwer N.V. 2020 Annual General Meeting April 23, 2020 2020 Annual General Meeting of Shareholders 1
Slide 2: Nancy McKinstry, CEO and Chairman of the Executive Board
Nancy McKinstry CEO and Chairman of the Executive Board Wolters Kluwer N.V. 2020 Annual General Meeting of Shareholders 2
Slide 3: COVID-19: supporting the frontline
COVID-19: supporting the frontline Wolters Kluwer is actively supporting its customers – especially those on the healthcare frontline during this crisis ▪ Doctors, nurses and other providers: we are currently providing free access to UpToDate worldwide ▪ Public health authorities: we are supporting
Slide 4: COVID-19: ensuring safety and continuity
COVID-19: ensuring safety and continuity We are aiming to protect the health and safety of employees and other stakeholders and to ensure business continuity ▪ Global work-from-home: over 95% of employees are now working from home using laptops or desktop virtualization ▪ Virtual collaboration: empl
Slide 5: Strategic priorities 2019-2021
Strategic priorities 2019-2021 Our plan aims to deliver good organic growth and further incremental improvement in adjusted operating profit margin and ROIC in the long run Sustain organic product development at 8-10% of Grow ▪ Drive scale by extending the offerings and broadening revenues (CAPEX +
Slide 6: Strategic progress 2019
Strategic progress 2019 In 2019, we made progress on growing expert solutions and driving agility ▪ Sustained investment in expert solutions, adding innovation, Grow extending global reach, and delivering +7% organic growth Expert ▪ Worked to strengthen distribution partnerships Solutions ▪ Entered
Slide 7: Growing expert solutions
Growing expert solutions Enablon/eVision: an intelligent, open and mobile-enabled platform, helping customers reduce risks, increase safety, raise productivity, and achieve compliance Enablon / eVision Solutions Digital Plant ▪ Global leader in Environmental, Health & Connected workers Safety (EHS)
Slide 8: 2019 financial performance
2019 financial performance 2019: Another year of good organic growth and improved margin and ROIC Grow Good organic Adjusted FCF Expert growth +4% €807 million, +1% in Solutions constant currencies Advance Improved adjusted Strong balance sheet operating margin Net-debt-to- EBITDA 1.6x Domain Expert
Slide 9: Further improvement in financial KPI's
Further improvement in financial KPI’s Performance in 2019 saw further improvement on key financial KPI’s Organic Growth (%) ROIC (%) 5% 13% 4% 12% 3% 11% 10% 2% 9% 1% 8% 0% 7% 2013 2014 2015 2016 2017 2018 2019 2013 2014 2015 2016 2017 2018 2019 Adjusted Operating Profit Margin (%) Diluted Adjusted
Slide 10: Balance sheet and liquidity
Balance sheet and liquidity Leverage is currently at its lowest in over a decade; we have ample liquidity 2.2x Net-Debt-to-EBITDA Ratio (x) ▪ Leverage is at it lowest in over a 2.1x decade with net-debt-to-EBITDA at 1.8x 1.8x 1.6x as of December 31, 2019 1.7x 1.7x 1.6x ▪ Access to €600 million multi
Slide 11: Dividend and share buybacks
Dividend and share buybacks Proposing a full-year dividend of €1.18 per share, up 20%; year to date, we have completed around €115 million of 2020 share buyback Dividend per Share (€) Share Buybacks (€ million) Proposed 550 €1.18 Intended Final Completed DPS 0.79 350 350 300 200 140 Interim 0.39 DPS
Slide 12: Share price performance
Share price performance Wolters Kluwer shares have significantly outperformed in recent years Wolters Kluwer vs Stock Market Indices Prices Rebased to Wolters Kluwer Wolters Kluwer Closing Price April 21, 2020 €66.66 AEX MSCI Europe Commercial & Professional Services Stoxx Europe 600 Euro Stoxx Medi
Slide 13: 2019 progress on sustainability
2019 progress on sustainability Progress on employee engagement and on reducing ESG risks in our supply chain Employee Engagement Employee Compliance Training Supplier Code of Conduct (includes ethics, data privacy, IT and cybersecurity) Wolters Kluwer No. of Suppliers % of Employees Completed High
Slide 14: Summary
Summary 2019 performance and strong financial position provide a solid foundation for 2020; we are currently focused on navigating COVID-19 challenges ◼ COVID-19 pandemic – Currently focused on supporting our customers and adapting our business to ensure employee safety and business continuity ◼ Str
Slide 15: Forward-looking Statements
Forward-looking Statements This presentation contains forward-looking statements. These statements may be identified by words such as "expect", "should", "could", "shall", and similar expressions. Wolters Kluwer cautions that such forward-looking statements are qualified by certain risks and uncerta