Full Year 2024 Computershare Ltd Earnings Call Transcript

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Aug 14, 2024

Aug 14, 2024 / NTS GMT
Stuart Irving - Computershare Ltd - President, Chief Executive Officer, Executive Director

Good morning, everyone, and thank you for joining us for the Computershare FY24 results conference call. Nick Oldfield, our CFO, is with me along with Michael Brown from our Investor Relations team.

Now as usual, we have released a presentation pack to the ASX. Now I won't subject you to a full page turn on this call. Instead, I'll focus my remarks on the highlights. Nick will take you through the financials in more details and then we'll open the lines for Q&A. And just to remind you, we will be talking in US dollars and Constant Currency unless we state otherwise.

All right. Let's get started. Now the headlines at Computershare for FY24 can be summarized quite succinctly. Strong results, reduced complexity and increased returns. So let me just expand on that.

Firstly, the results: Management EPS was up over 8%, slightly ahead of guidance, management EBIT [ex MI] up 21% and ROIC at 30%. In the year, we had growth in all the revenue lines of core fees, events and transactions and margin

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