Broadridge Financial Solutions, Inc. · NYSE:BR
Broadridge Financial Solutions — Raymond James 40th Annual Institutional Investors Conference (March 2019)
14 slides from Broadridge Financial Solutions's conference presentation, Mar 4, 2019
Slide 1: Investor Presentation Raymond James 40th Annual Institutional Investors Conference
Investor Presentation Raymond James40th Annual institutional investors conference EXHIBIT 99.1
Slide 2: Forward-Looking Statements
Forward-Looking StatementsThis presentation and other written or oral statements made from time to time by representatives of Broadridge Financial Solutions, Inc. ("Broadridge" or the "Company") may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform A
Slide 3: Use of Non-GAAP Financial Measures
Use of Non-GAAP Financial Measures Explanation and Reconciliation of the Company’s Use of Non-GAAP Financial MeasuresThe Company’s results in this presentation are presented in accordance with U.S. generally accepted accounting principles ("GAAP") except where otherwise noted. In certain circumstanc
Slide 4: The Broadridge Story
The Broadridge Story Strong market position across Governance, Capital Markets, and Wealth Management Platform-based business model creates unique value for our clients Significant growth opportunity supported by long-term trends of mutualization, digitization, and data & analytics Strong business m
Slide 5: The industry's leading choice
The industry’s leading choice Governance Capital Markets Wealth Management Process 80% of outstanding shares in the United States, 50%+ for rest of worldDistribute 90%+ of broker regulatory communications to 140M individual accounts Serve most brokers, funds, and public companies in North AmericaRea
Slide 6: Broadridge platform-based business model creates unique value
Broadridge platform-based business model creates unique value Network value Deep financial services knowledge Multi-client managed services approach Domain expertiseTrusted Unique CapabilityData & Analytics Scale leadershipSignificant IP
Slide 7: Growth Opportunity: Extend Governance
Growth Opportunity: Extend Governance 140M+RETAIL SHAREHOLDER ACCOUNTS 150,000+INSTITUTIONAL SHAREHOLDERS 27,000+ MUTUAL FUNDS AND ETFs 1,100+ BANKS and BROKER-DEALERS 5,000+CORPORATE ISSUERS EXTEND GOVERNANCEFee Revenue = $1.7B BUILD WEALTH MANAGEMENT DRIVE CAPITAL MARKETS Drive Next-Gen Regulatory
Slide 8: Growth Opportunity: Drive Capital Markets
Growth Opportunity: Drive Capital Markets Serve 18 of the 23 US Fixed Income primary dealersProcess Equities for 7 of the top 10 global investment banksClear and settle in over 80 markets globally Strong market position Support 30 clients for both technology and operations including 7 of 23 US Fixed
Slide 9: Growth Opportunity: Build Wealth Management
Growth Opportunity: Build Wealth Management Grow AdvisorBusiness Enhance ClientExperience Drive EnterpriseProductivity Advisors Investors Wealth management tools Targeted marketing Wealth mobile portal Educational content Enriched, digital communicationsTrading and account servicing Clearance & sett
Slide 10: Record Sales Building Revenue Backlog
Record Sales Building Revenue Backlog FY2014 - FY2019 YTD Closed Sales Recurring Revenue Backlog as of FY20182,3 (1) FY19 Closed sales Guidance Range as of February 7th, 2019 Earnings Call(2) Recurring Revenue Backlog as of August 7th, 2018 Earnings Call and are Broadridge estimates and subject to r
Slide 11: Broadridge business model is strong
Broadridge business model is strong Sustainable Growth Large, recurring revenue base with good visibility aided by $295 million revenue backlogOrganic strength driven by large addressable market Steady Margin Expansion Continued scale and operational leverageOngoing investment in operational efficie
Slide 12: Winning formula for top quartile TSR
Organic Recurring Fee Revenue Growth 5-7% Recurring Fee Revenue Growth 7-9% Adjusted Operating Income Margin Expansion ~50bps/yr Adjusted EPS Growth 14-18% Winning formula for top quartile TSR FY17 - FY20 three year growth objectives Note: FY17 - FY20 three year Adjusted EPS growth objective updated
Slide 13: Broadridge focused on capturing opportunity
Deliver on FY2019 guidance and FY2020 growth objectives Deliver results Build on strong current capabilities including culture, product and technology Build Long-Term capabilities Execute against Investor Day growth plans across Governance, Capital Markets and Wealth Management Execute on Growth Opp
Slide 14: Reconciliation of GAAP to Non-GAAP Measures
Reconciliation of GAAP to Non-GAAP Measures FY19 Adjusted Earnings Per Share Growth Rate (1) Diluted earnings per share (GAAP) 12% - 16% Adjusted earnings per share (Non-GAAP) 9% - 13% (1) Adjusted earnings per share growth (Non-GAAP) is adjusted to exclude the projected impact of Amortization of Ac