Computershare Earnings Call Transcripts
Fiscal Year 2026
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EBIT ex MI rose 12% year-over-year, with strong growth in issuer services, corporate trust, and employee share plans. Full-year EPS guidance was upgraded to $1.44, and the interim dividend increased 22%. Margin income proved resilient despite lower rates, and the group targets a 20% EBIT ex MI margin by FY 2028.
Fiscal Year 2025
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The AGM highlighted strong FY2025 results, with record dividends, robust cash flow, and growth across all core divisions. Strategic focus remains on technology investment, disciplined acquisitions, and governance, while shareholder questions addressed market risks, diversity, and innovation.
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Management EPS rose 15% to 135 cents per share, with strong revenue and margin growth across core businesses. FY26 guidance targets further EPS and EBIT ex-MI growth, despite a forecasted decline in margin income due to lower rates. Dividend increased 13.4% to $0.93 per share.
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First half FY25 results exceeded expectations with management EPS up 18.7% and revenue up 6.4% versus pro forma PCP. Upgraded FY25 EPS guidance to $1.35 per share, driven by strong core business performance, margin expansion, and ongoing cost-out programs.
Fiscal Year 2024
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The AGM celebrated 30 years since listing, highlighted strong FY2024 results, record dividends, and strategic simplification. Board elections, remuneration, and ESG progress were discussed, with guidance for FY2025 affirmed and shareholder questions addressed on diversity, emissions, and competition.
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Strong FY 2024 results featured 8% EPS growth, robust performance in core segments, and significant deleveraging. FY 2025 guidance anticipates further EPS growth, modest cost increases, and continued investment in technology and buybacks, despite market volatility.