Macquarie Australia Conference 2025 presentation
| Stock | Computershare Ltd (CPU.ASX) |
|---|---|
| Release Time | 6 May 2025, 8:25 a.m. |
| Price Sensitive | Yes |
Computershare reports strong 1H25 performance
- High quality, capital light business with long-term growth track record
- Revenue growth drives earnings improvement and margin expansion
- Strong balance sheet and cash flow funds growth investments and returns to shareholders
Computershare presented at the Macquarie Australia Conference, highlighting its high-quality, capital-light business model with a long-term growth track record. The company reported strong 1H25 performance, with revenue growth driving earnings improvement and margin expansion across its Issuer Services, Corporate Trust, and Employee Share Plans divisions. Computershare maintained a strong balance sheet and cash flow, providing flexibility to fund innovation, pursue acquisitions, and reward shareholders. The company affirmed its FY25 guidance, with Management EPS expected to be around 135 cents per share, up 15% year-over-year. Margin income is anticipated to be around $750 million for the full year, with a stable client balance outlook. Computershare's robust business model, leading market positions, and disciplined capital management position the company for continued success through the economic cycle.
Management EPS around 135 cents per share, up 15% vs. prior year. EBIT ex MI up around 30% for the full year. Margin income around $750 million for FY25, with average client balances of $29.9 billion.
Computershare's simplified and scaled business model, with leading positions in markets with positive growth drivers, positions the company for continued success. The company's capital-light business model, strong balance sheet, and consistent cash flow generation enable investments in growth and shareholder returns.