Broadridge Financial Solutions Results Presentation Deck
...while continuing to expand margin
ADJUSTED OPERATING INCOME MARGIN (NON-GAAP)
75 bps annual
FY'18-21 average Adjusted Operating Income margin expansion
15.9%
+80
bps
FY'18
13.8%
17.1%
+120
bps
FY'19
17.5%
+40
bps
FY'20
18.1%
+60
bps
FY'21
~18.5%
FY'22
Guidance
OPERATING INCOME MARGIN (GAAP)
15.0%
13.8%
13.6%
Note: Information about our use of Non-GAAP measures and a reconciliation to closest GAAP measures may be found on slides 32-39
Broadridge I Ready for Next
Scale
Natural OpEx leverage from a SaaS
business
Digital
Margin expansion due to mix shift
toward digital
Efficiency
Contributions from business
reengineering and internal growth
M&A
Primarily weighted to early-stage
businesses
Investment
Strategic investment aligned with
client demand
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