Broadridge Financial Solutions, Inc.
Broadridge Financial Solutions Releases September 2024 Investor Presentation and Financial Results
Summary
Broadridge Financial Solutions, Inc. posted its September 2024 investor presentation to its website on September 10, 2024. The presentation included financial highlights for the fiscal year 2024, showing Recurring revenue growth of 6% constant currency, Adjusted Operating income margin of 20%, and Adjusted Earnings per share (EPS) growth of 10%. Additionally, the company reported a 5% increase in Recurring revenue and a 9% increase in Adjusted EPS for the fourth quarter of fiscal year 2024. The presentation also provided guidance for fiscal year 2025, expecting Recurring revenue growth of 5-7% constant currency and Adjusted EPS growth of 8-12%. Closed sales for the fiscal year were $342 million, up 39% year-over-year. Free cash flow conversion for fiscal year 2024 was 102%. The company also announced a 12th consecutive double-digit dividend increase, along with share repurchases and value-accretive tuck-in M&A activities.
Profitelligence Alerts
Get alerts for BR
Be first to know when Broadridge Financial Solutions, Inc. files with the SEC.
Filing Categories
Exhibits (1)
Advertisement
About Broadridge Financial Solutions, Inc.
Broadridge Financial Solutions, Inc. is a leading provider of technology-driven solutions for the global financial industry. It specializes in investor communications, technology outsourcing, and data and analytics solutions for capital markets, wealth management, and asset management sectors. By delivering integrated solutions, Broadridge helps financial institutions manage the complexity of escalating regulatory requirements and evolving market demands. The company's offerings enable transparent and secure interactions with investors and shareholders through proxy voting and shareholder communications services. Broadridge’s technology platforms are crucial for streamlining operations, enhancing efficiency, and improving compliance management. By supporting back-office operations and providing end-to-end management of trade processing and settlement, Broadridge plays a pivotal role in ensuring the smooth functioning of financial transactions globally. Its services are utilized by banks, brokerage firms, and investment managers, reflecting its significant impact on the financial markets' infrastructure.
Official SEC Documents
Advertisement