Western Union Company (the) · NYSE:WU
Western Union Company (the) — Deutsche Bank Technology Conference 2015
12 slides from Western Union Company (the)'s conference presentation, Sep 16, 2015
Slide 1: Western Union
Western Union Raj Agrawal, EVP and CFO September 16, 2015
Slide 2: Safe Harbor
SAFE HARBOR This presentation contains certain statements that are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to pred
Slide 3: Western Union - Overview
Western Union - Overview A leader in global payment services, primarily cross border • Consumer money transfer (80% of 2014 Revenues) • Business-to-business payments (7%) • Consumer bill payments (11%) 2014 Results Revenues $5.6B 1%, or 4% CC growth* Operating Margin 20.3% Cash Flow from Op. Activit
Slide 4: WU provides a network hub for money movement around the world
Western Union WU provides a network hub for money movement around the world Cross Border Funds In Funds Out Platform • 200+ countries and territories • Technology • 200+ countries and territories • Over 500,000 agent locations • Settlement and • Over 500,000 agent locations • 100,000+ ATMs and kiosk
Slide 5: Cross Border Remittance Market
Cross Border Remittance Market Market size: $583 billion 2014 cross border principal* • Slight market growth projected in 2015, mid-single digit growth in 2016 and 2017* • Digital initiated expected to drive growth WU Focus • Expanding digital capabilities • Expanding digital and physical network •
Slide 6: B2B – Business Solutions
B2B – Business Solutions Strong long-term growth opportunity • Large market driven by global trade • WUBS $405 million revenue in 2014; low single digit market share • Driving value added payment solutions cross border in key segments including: – Account-to-account services for financial institutio
Slide 7: 2015 – First Half Results
2015 – First Half Results Solid performance amid challenging global environment • Revenue down 2% reported; up 4% constant currency* • Consumer money transfer trends led by strength in U.S. outbound and westernunion.com – wu.com 26% CC growth* • Business Solutions and Consumer Bill Pay delivered str
Slide 8: Questions and Answers
Questions and Answers ‘moving money for better
Slide 9: Appendix: Non-GAAP Measures
Appendix Non-GAAP Measures Western Union's management believes the non-GAAP financial measures presented provide meaningful supplemental information regarding our operating results to assist management, investors, analysts, and others in understanding our financial results and to better analyze tren
Slide 10: Reconciliation of Non-GAAP Measures
Appendix Reconciliation of Non-GAAP Measures Consolidated Metrics FY2014 YTD 2Q15 Revenues, as reported (GAAP) $ 5,607.2 $ 2,704.5 Foreign currency translation impact (a) 157.5 163.3 Revenues, constant currency adjusted $ 5,764.7 $ 2,867.8 Prior year revenues, as reported (GAAP) $ 5,542.0 $ 2,756.4
Slide 11: Reconciliation of Non-GAAP Measures
Appendix Reconciliation of Non-GAAP Measures Consumer-to-Consumer Segment YTD 2Q15 westernunion.com region revenue change, as reported (GAAP) 20 % westernunion.com region foreign currency translation impact (a) 6% westernunion.com region revenue change, constant currency adjusted 26 % Consumer-to-Bu
Slide 12: Reconciliation of Non-GAAP Measures
Appendix Reconciliation of Non-GAAP Measures Non-GAAP related notes: (a) Represents the impact from the fluctuation in exchange rates between all foreign currency denominated amounts and the United States dollar. Constant currency results exclude any benefit or loss caused by foreign exchange fluctu
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