Wolters Kluwer Posts Higher 2012 Profit

Dutch company Wolters Kluwer NV

reported a rise in its 2012 net profit. The company announced its plans to name Kevin Entricken as its new CFO. Wolters Kluwer's full year net profit surged to EUR322 million, versus EUR120 in 2011. Its revenue rose 7% to EUR3.60 billion. It also proposed a dividend of EUR0.69 a share. Wolters Kluwer shares closed at $20.08 yesterday.