Broadridge 2015/16 Financial Year Starts with Profit Growth
Thursday,05/11/2015|12:34GMTby
Irina Slav
Recurring fee revenues are behind the robust performance, underpinned by net new business
Finance Magnates
Broadridge Financial Services (NYSE:BR) reported strong metrics for the first quarter of its financial year, July-September 2015, with revenues up by 7 percent year-on-year to $595 million, and net profits at $34 million, up 3 percent.
All Business Divisions Contribute
The company said in a press release that the revenue increase was fuelled by higher recurring fee income, which went up 10 percent on an annual basis. Distribution revenues were also up, 7 percent, and event-driven fee revenues were 9 percent higher than in the third quarter of 2014.
The financial services provider’s operating result was also higher, at $59 million, up 4 percent on the year, but the increase was also offset to a degree by higher operating expenses, Broadridge said.
Full-Year Forecast Optimistic
The Investor Communication Solutions business registered a 9 percent increase in revenues for the three-month period, at $430 million. The biggest contributor to this result was recurring fees, boosted by recent acquisitions ad net new business, Broadridge said. The contribution of the company’s other main business division, Global Technology and Operation, booked the same annual increase in revenues, 9 percent, to $177 million. Here as well, net new business was the major driver of revenues growth.
In light of these results, Broadridge said that it’s keeping its full-year guidance unchanged, expecting a revenue increase of between 8 to 10 percent, and an adjusted operating margin of around 18.4 percent. Earnings per share are projected to increase by 8 and 12 percent, and free cash flows are seen at $350-$400 million.
Broadridge Financial Services (NYSE:BR) reported strong metrics for the first quarter of its financial year, July-September 2015, with revenues up by 7 percent year-on-year to $595 million, and net profits at $34 million, up 3 percent.
All Business Divisions Contribute
The company said in a press release that the revenue increase was fuelled by higher recurring fee income, which went up 10 percent on an annual basis. Distribution revenues were also up, 7 percent, and event-driven fee revenues were 9 percent higher than in the third quarter of 2014.
The financial services provider’s operating result was also higher, at $59 million, up 4 percent on the year, but the increase was also offset to a degree by higher operating expenses, Broadridge said.
Full-Year Forecast Optimistic
The Investor Communication Solutions business registered a 9 percent increase in revenues for the three-month period, at $430 million. The biggest contributor to this result was recurring fees, boosted by recent acquisitions ad net new business, Broadridge said. The contribution of the company’s other main business division, Global Technology and Operation, booked the same annual increase in revenues, 9 percent, to $177 million. Here as well, net new business was the major driver of revenues growth.
In light of these results, Broadridge said that it’s keeping its full-year guidance unchanged, expecting a revenue increase of between 8 to 10 percent, and an adjusted operating margin of around 18.4 percent. Earnings per share are projected to increase by 8 and 12 percent, and free cash flows are seen at $350-$400 million.
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#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
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As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
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#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
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#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
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#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
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#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
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Speakers:
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#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
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#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
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Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
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#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
