Unlocking Financial Technology To The World
1 Opening Remarks
George Mihalos
SVP, Head of Investor Relations
FIS Investor Day 2024
Disclosures
Forward-looking Statements
Our discussions today, including this presentation and any comments made by management, contain "forward-looking statements" within the meaning of the U.S. federal securities laws. Any statements that refer to future events or circumstances, including our future strategies or results, or that are not historical facts, are forward-looking statements. Actual results could differ materially from those projected in forward-looking statements due to a variety of factors, including the risks and uncertainties set forth in our earnings press release dated May 6, 2024, our annual report on Form 10-K for 2023 and our other filings with the SEC. We undertake no obligation to update or revise any forward-looking statements. Please see the Appendix for additional details on forward-looking statements.
Non-GAAP Measures
This presentation will reference certain non-GAAP financial information. For a description and reconciliation of non-GAAP measures presented in this document, please see the Appendix attached to this presentation or visit the Investor Relations section of the FIS website at www.fisglobal.com.
FIS Investor Day 2024
2 Strategic Vision
Stephanie Ferris
CEO and President
FIS Investor Day 2024
AGENDA
1
Opening Remarks
George Mihalos
5
2
Strategic Vision
Stephanie Ferris
6
3
Technology
Firdaus Bhathena
7
4
Segment Strategy: Banking
John Durrant
8
Segment Strategy:
Capital Markets
Nasser Khodri
FIS Investor Day 2024
Product & Innovation | Financial Overview |
Tarun Bhatnagar | James Kehoe |
Executive Q&A
Stephanie Ferris & James Kehoe
FIS: Leadership At Scale With Marquee Set Of Clients
$9.8B | 14K+ | 95% | $16T |
Revenues | Clients | of the World's | Financial Assets |
Leading Banks | on Platforms |
2023 Metrics
FIS Investor Day 2024
FIS: Scaled Global Presence
Global Presence | International Revenue | Sales and Distribution | Technology |
~150 | $2B | 1,500 | 25K |
Countries with | Across Six | Sales and Relationship | Technologists |
Clients & Prospects | Continents | Managers Globally |
2023 Metrics
FIS Investor Day 2024
Decisive Actions To Overcome Challenges And Improve Outcomes
CHALLENGES
Lost Focus on Banking
Increasing Mix of
Lower Margin,
Slower Growing
Solutions
Financial
Constraints
OUR RESPONSE
Commercial Excellence
- Focused on higher-growthhigher-margin opportunities
- Improved sales productivity
Client-centric Delivery
- Re-energizedtechnology, innovation and implementation
Simplification and Talent
- Separated Worldpay
- Introduced new leadership talent
- Drove efficiency across the organization
Disciplined Capital Allocation
- Reallocated capital for long-term value creation
OUTCOMES
+110bps +100bps
Increase in Sales Margin | Recurring Revenue Growth |
2022 - 2023 | 2023 vs CAGR 2017 - 2022 |
+10ppts >$550M
Growth Products' Share of | Run-rate |
Technology Capital Spend(1) | Cash Savings(2) |
95% | $1.7B+ |
Free Cash Flow | Capital Return(2) |
Conversion(3) |
- 2022 - 2024 projection
- 2023
- Normalized Free Cash Flow conversion (excluding Worldpay Adj. EMI) excludes 2 ppts benefit from delayed tax payment related to hurricane relief in 2023
FIS Investor Day 2024
Increasing Target Cash Savings And Capital Return To Shareholders
FINANCIAL CASH CAPITAL
OUTLOOK SAVINGS RETURN
BROAD BASED | RAISING OpEx savings | RAISING 2024 share |
outperformance of quarterly | target to $790M through 2026 | repurchase target to $4B |
financial commitments | ||
INCREASING 2024 Adj. EPS | DECREASING capital | TARGETING capital return in |
intensity of the business | excess of $4.8B in 2024 |
outlook
FIS Investor Day 2024
Our Vision
Unlocking financial technology to the world.
- Best-of-breed financial solutions for FIs, corporates, fintechs and developers
- Flexible, consumable products that cut across verticals and geographies
- Always resilient, always secure, always on
FIS Investor Day 2024
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
FIS - Fidelity National Information Services Inc. published this content on 07 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 May 2024 18:17:02 UTC.