For further information, please contact:
Press: Patrick Hendriks, Secretary Executive Board, tel. +31 20 6070 450
Analysts/Investors: Annie Hull-Bom, Head of Investor Relations, tel. +31 20 6070 407
Wolters Kluwer reorganizes in a number of European countries
| Source: Wolters Kluwer N.V.
The reorganization costs associated with these plans will be charged to the year 2000 operating results (EBITA). Based on estimates of these costs, including those of Wolters Kluwer Nederland bv, Wolters Kluwer nv expects that the ordinary net income (before goodwill amortization and extra-ordinaries) will be about equal to the level realized in 1999, around EUR 410 million. As soon as the various reorganizations have been agreed upon in detail, further announcements will be made.