Attached files
| file | filename |
|---|---|
| EX-99.1 - EXHIBIT 99.1 - BROADRIDGE FINANCIAL SOLUTIONS, INC. | ex991earningsrelease-20170.htm |
| EX-99.2 - EXHIBIT 99.2 - BROADRIDGE FINANCIAL SOLUTIONS, INC. | ex9923q17earningspresent.htm |
| 8-K - 8-K - BROADRIDGE FINANCIAL SOLUTIONS, INC. | form8-k3q2017earnings.htm |
BROADRIDGE FINANCIAL SOLUTIONS
SUPPLEMENTAL REPORTING DETAIL (UNAUDITED)
THIRD QUARTER AND NINE MONTHS FISCAL YEAR 2017
ADDITIONAL PRODUCT LINE REPORTING
Quarter Ended March 31, % Nine Months Ended March 31, %
$ in millions 2017 2016 Change 2017 2016 Change
Investor Communication Solutions ("ICS")
Equity proxy $44.2 $42.3 4% $106.6 $103.3 3%
Mutual fund interims 59.9 57.4 4% 148.3 145.6 2%
Customer communications & fulfillment 203.7 88.9 129% 576.2 239.5 141%
Other ICS 81.7 74.8 9% 221.7 209.4 6%
Total ICS recurring fee revenues $389.4 $263.3 48% $1,052.8 $697.8 51%
Equity & other 17.9 16.6 8% 50.0 56.2 -11%
Mutual funds 43.0 31.8 35% 78.2 87.1 -10%
Total event driven revenues $60.9 $48.5 26% $128.2 $143.3 -11%
Distribution 376.0 203.7 85% 1,078.3 575.7 87%
Total ICS revenues $826.4 $515.4 60% $2,259.3 $1,416.8 59%
Global Technology & Operations ("GTO")
Equities & other 167.5 160.3 4% 488.8 455.9 7%
Fixed income 35.2 31.0 14% 103.4 92.4 12%
Total GTO recurring fee revenues $202.7 $191.3 6% $592.3 $548.3 8%
Foreign currency exchange (20.1) (17.8) nm (54.8) (42.6) nm
Total revenues $1,008.9 $688.8 46% $2,796.8 $1,922.5 45%
Revenues by Type
Recurring fee revenues $592.0 $454.6 30% $1,645.1 $1,246.1 32%
Event driven revenues 60.9 48.5 26% 128.2 143.3 -11%
Distribution revenues 376.0 203.7 85% 1,078.3 575.7 87%
Foreign currency exchange (20.1) (17.8) nm (54.8) (42.6) nm
Total revenues $1,008.9 $688.8 46% $2,796.8 $1,922.5 45%
The above information is provided for supplementary purposes only.
On occasion, previously presented information may be updated. Prior period updates, if any, are not material.
Amounts may not sum due to rounding
EXHIBIT 99.3
BROADRIDGE FINANCIAL SOLUTIONS
SUPPLEMENTAL REPORTING DETAIL (UNAUDITED)
THIRD QUARTER AND NINE MONTHS FISCAL YEAR 2017
RECURRING FEE REVENUE GROWTH DRIVERS
Quarter Ended March 31, 2017 Nine Months Ended March 31, 2017
ICS GTO Broadridge ICS GTO Broadridge
Internal growth 0% -2% -1% 0% 1% 0%
Net new business 6% 5% 5% 4% 4% 4%
Organic recurring fee revenue growth 6% 3% 4% 4% 5% 5%
Acquisitions 42% 3% 26% 47% 3% 27%
Total recurring fee revenue growth 48% 6% 30% 51% 8% 32%
On occasion, previously presented information may be updated. Prior period updates, if any, are not material.
Amounts may not sum due to rounding
BROADRIDGE FINANCIAL SOLUTIONS
SUPPLEMENTAL REPORTING DETAIL (UNAUDITED)
THIRD QUARTER AND NINE MONTHS FISCAL YEAR 2017
SELECT OPERATING STATISTICS
Quarter Ended March 31, % Nine Months Ended March 31, %
$ in millions 2017 2016 Change 2017 2016 Change
Closed Sales $47.6 $28.6 66% $125.0 $94.3 33%
Position Growth1
Equities proxy 6% 9% 3% 4%
Mutual fund interims 5% 4% 3% 5%
Internal Trade Growth2
Equity 3% 3% 4% 2%
Fixed income 1% 0% 0% 1%
1
2
On occasion, previously presented information may be updated. Prior period updates, if any, are not material.
who were on Broadridge's trading platforms in both the current and prior year period
fund interims, respectively, for equities and mutual funds’ position data reported to Broadridge in both the current and prior year periods.
Internal trade growth represents the growth in trade volumes for clients whose contracts are linked to trade volumes and
Stock position growth and mutual fund interim position growth measure the annual change in total positions for equity proxies and mutual