Accenture Plc · NYSE:ACN
Accenture — Investor Day (October 2013)
11 slides from Accenture's investor day presentation, Oct 8, 2013
Slide 1: Investor & Analyst Conference
Investor & Analyst Conference October 8, 2013 David Rowland
Slide 2: Forward-looking Statements
Forward-looking Statements • Except for the historical information and discussions contained herein, many of the statements contained in this presentation constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We wish to caution investors no
Slide 3: Fiscal Year 14 Business Outlook – Re-Cap
Fiscal Year 14 Business Outlook – Re-Cap New Bookings $32 B to $35 B Net Revenue Growth 2% to 6% in Local Currency Operating Margin 14.3% to 14.5% Earnings Per Share $4.42 to $4.54 Free Cash Flow $3.2 B to $3.5 B 3
Slide 4: Alignment with Financial Goals
Alignment with Financial Goals Revenue Growth (Local Currency): Grow Faster than the Market Fiscal 2014: 2% to 6% growth in local currency Earnings Per Share Growth: Achieve Double-Digit Growth Fiscal 2014: 5% to 8% growth Strong Balance Sheet and Cash Flow: Continue to Return a Substantial Portion
Slide 5: Rationale for Fiscal Year 14 Revenue Outlook
Rationale for Fiscal Year 14 Revenue Outlook View of Market Growth View of Fiscal Year 14 Basket Accenture Basket Addressable market growth likely to continue at Growth Growth Multiple current levels with uneven growth pattern by geography and industry FY14 ± 2.5% 2% to 6% Continued focus on growing
Slide 6: Shareholder Value Creation – A Balanced Approach
Shareholder Value Creation – A Balanced Approach Total Shareholder Return: FY01 to FY13 – 15% CAGR Dividend Return Share Appreciation FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 6
Slide 7: Strong Track Record for Value Creation
Strong Track Record for Value Creation Total Shareholder Return CAGR: FY11 to FY13 28% 18% 13% Accenture Competitor S&P 500 Group 7
Slide 8: Proven Model for Generating Cash – A Key Element of Value Creation Model
Proven Model for Generating Cash – A Key Element of Value Creation Model Free Cash Flow: FY02 to FY14 ~$28 B Free Cash Flow since IPO $3.2 B to $3.5 B $4,000 $3,000 $2,000 $1,000 $0 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 8
Slide 9: Significant Return of Cash to Shareholders
Significant Return of Cash to Shareholders Cash Returned to Shareholders: FY02 to FY14 93% of Free Cash Flow returned to shareholders since IPO Minimum $4,000 $3.7 B $3,500 $3,000 Dividends $2,500 $2,000 $1,500 Share Repurchases $1,000 $500 $0 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 F
Slide 10: Key Takeaways
Key Takeaways Continued focus on financial goals…outlook aligned with current economic and market reality Raising game on investing for growth and differentiation Balanced and industry-leading model for shareholder value creation Strong cash flow…substantially returned to shareholders 10
Slide 11: Appendix - Historical Cash Flow Trend
Appendix - Historical Cash Flow Trend Accenture PLC Free Cash Flow Trend (in millions of U.S. dollars) (Unaudited) FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 Outlook Range Operating Cash Flow $1,090 $1,544 $1,756 $1,887 $2,668 $2,631 $2,803 $3,160 $3,092 $3,442 $4,257 $3,303 $3