Attached files
| file | filename |
|---|---|
| EX-99.2 - EXHIBIT 99.2 - BROADRIDGE FINANCIAL SOLUTIONS, INC. | ex992earningspresentatio.htm |
| EX-99.1 - EXHIBIT 99.1 - BROADRIDGE FINANCIAL SOLUTIONS, INC. | ex991earningsrelease2q2018.htm |
| 8-K - 8-K - BROADRIDGE FINANCIAL SOLUTIONS, INC. | form8-kre2q2018earnings.htm |
BROADRIDGE FINANCIAL SOLUTIONS
SUPPLEMENTAL REPORTING DETAIL
SECOND QUARTER AND SIX MONTHS FISCAL YEAR 2018
ADDITIONAL PRODUCT LINE REPORTING
Quarter Ended December 31, $ % Six Months Ended December 31, $ %
$ in millions 2018 2017 Change Change 2018 2017 Change Change
Investor Communication Solutions ("ICS")
Equity proxy $33.6 $31.6 $2.1 6% $63.6 $62.4 $1.2 2%
Mutual fund interims 46.9 44.2 2.8 6% 96.2 88.4 7.8 9%
Customer communications & fulfillment 187.3 188.9 (1.6) -1% 368.9 372.6 (3.7) -1%
Other ICS 66.5 64.4 2.1 3% 138.7 129.5 9.3 7%
Total ICS recurring fee revenues $334.4 $329.1 $5.4 2% $667.4 $652.8 $14.5 2%
Equity & other 28.8 14.4 14.4 100% 59.5 32.1 27.5 85%
Mutual funds 68.6 15.4 53.2 345% 97.1 35.2 61.9 176%
Total event driven revenues $97.3 $29.8 $67.6 227% $156.6 $67.3 $89.3 133%
Distribution 370.4 345.6 24.9 7% 704.7 702.3 2.4 0%
Total ICS revenues $802.2 $704.4 $97.8 14% $1,528.6 $1,422.4 $106.2 7%
Global Technology & Operations ("GTO")
Equities & other 189.4 171.8 17.7 10% 368.4 331.9 36.5 11%
Fixed income 38.5 35.3 3.3 9% 74.5 68.3 6.2 9%
Total GTO recurring fee revenues $228.0 $207.0 $20.9 10% $442.9 $400.2 $42.7 11%
Foreign currency exchange (17.4) (18.8) 1.4 -7% (33.9) (34.6) 0.8 -2%
Total revenues $1,012.8 $892.6 $120.2 13% $1,937.6 $1,787.9 $149.7 8%
Revenues by Type
Recurring fee revenues $562.4 $536.1 26.3 5% $1,110.2 $1,053.0 57.2 5%
Event driven revenues 97.3 29.8 67.6 227% 156.6 67.3 89.3 133%
Distribution revenues 370.4 345.6 24.9 7% 704.7 702.3 2.4 0%
Foreign currency exchange (17.4) (18.8) 1.4 -7% (33.9) (34.6) 0.8 -2%
Total revenues $1,012.8 $892.6 $120.2 13% $1,937.6 $1,787.9 $149.7 8%
Amounts may not sum due to rounding
EXHIBIT 99.3
BROADRIDGE FINANCIAL SOLUTIONS
SUPPLEMENTAL REPORTING DETAIL
SECOND QUARTER AND SIX MONTHS FISCAL YEAR 2018
RECURRING FEE REVENUE GROWTH DRIVERS
Quarter Ended December 31, Six Months Ended December 31,
ICS GTO Broadridge ICS GTO Broadridge
Internal growth -1% 3% 1% 0% 3% 1%
Net new business 2% 5% 3% 2% 5% 3%
Organic recurring fee revenue growth 1% 8% 4% 2% 8% 4%
Acquisitions 1% 2% 1% 0% 3% 1%
Total recurring fee revenue growth 2% 10% 5% 2% 11% 5%
BROADRIDGE FINANCIAL SOLUTIONS
SUPPLEMENTAL REPORTING DETAIL
SECOND QUARTER AND SIX MONTHS FISCAL YEAR 2018
SELECT OPERATING STATISTICS
Quarter Ended December 31, $ % Six Months Ended December 31, $ %
$ in millions 2018 2017 Change Change 2018 2017 Change Change
Closed Sales $38.7 $55.7 ($16.9) -31% $61.6 $77.3 ($15.7) -20%
Record Growth1
Equities proxy 12% 4% 8% 2%
Mutual funds 10% 1% 10% 1%
32378%
Internal Trade Growth2
Equity 9% 11% 8% 4%
Mutual funds 2% 3% 1% 0%
1
2
who were on Broadridge's trading platforms in both the current and prior year period
periods.
Stock record growth and interim record growth measure the annual change in total positions for equity proxies and mutual fund
interims, respectively, for equities and mutual funds’ position data reported to Broadridge in both the current and prior year
Internal trade growth represents the growth in trade volumes for clients whose contracts are linked to trade volumes and
BROADRIDGE FINANCIAL SOLUTIONS
SUPPLEMENTAL REPORTING DETAIL
SECOND QUARTER AND SIX MONTHS FISCAL YEAR 2018
ADDITIONAL PRODUCT LINE REPORTING
$ in millions Q1FY17 Q2FY17 Q3FY17 Q4FY17 Q1FY18 Q2FY18
Investor Communication Solutions ("ICS")
Equity proxy $30.8 $31.6 $44.2 $275.4 $30.0 $33.6
Mutual fund interims $44.2 $44.2 59.9 49.9 $49.2 $46.9
Customer communications & fulfillment $183.7 $188.9 203.7 187.2 $181.5 $187.3
Other ICS 65.0 64.4 75.7 76.9 72.2 66.5
Total ICS recurring fee revenues $323.8 $329.1 $383.5 $589.4 $332.9 $334.4
Equity & other $17.7 $14.4 17.9 36.4 $30.8 $28.8
Mutual funds 19.8 15.4 43.0 54.3 28.5 68.6
Total event driven revenues $37.5 $29.8 $60.9 $90.7 $59.3 $97.3
Distribution 356.7 345.6 376.0 475.6 334.2 370.4
Total ICS revenues $718.0 $704.4 $820.5 $1,155.7 $726.4 $802.2
Global Technology & Operations ("GTO")
Equities & other 160.2 171.8 173.4 180.9 179.0 189.4
Fixed income 33.0 35.3 35.2 35.8 35.9 38.5
Total GTO recurring fee revenues $193.2 $207.0 $208.6 $216.7 $214.9 $228.0
Foreign currency exchange (15.9) (18.8) (20.1) (26.7) (16.5) (17.4)
Total revenues $895.3 $892.6 $1,008.9 $1,345.7 $924.8 $1,012.8
Revenues by Type
Recurring fee revenues $516.9 $536.1 $592.0 $806.1 $547.8 $562.4
Event driven revenues 37.5 29.8 60.9 90.7 59.3 97.3
Distribution revenues 356.7 345.6 376.0 475.6 334.2 370.4
Foreign currency exchange (15.9) (18.8) (20.1) (26.7) (16.5) (17.4)
Total revenues $895.3 $892.6 $1,008.9 $1,345.7 $924.8 $1,012.8
Amounts may not sum due to rounding