RECORD PLC Record plc
Annual Results Presentation
June 2021
Disclaimer
IMPORTANT INFORMATION
This document does not constitute an offer to sell or an invitation to buy shares in Record plc or any other invitation or inducement to engage in investment activities. Certain statements, beliefs and opinions in this document are forward-looking, which reflect the Company's current expectations and projections about future events. By their nature, forward-looking statements involve a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements.
Forward-looking statements contained in this document regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. The value of investments, and the income from them, may go down as well as up, and is not guaranteed. Past performance cannot be relied on as a guide to future performance. The Company does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. You should not place undue reliance on any forward-looking statements, which speak only as of the date of this document.
2 | RECORD PLC |
Headlines
AUME $80.1bn (31 March 2020: $58.6bn) | Pre-tax profit £6.2m (FY20: £7.7m) |
Revenue £25.4m (FY20: £25.6m) | Basic EPS: 2.75p (FY20: 3.26p) |
Management fees £24.9m (FY20: £23.1m) | Final ordinary dividend of 1.15p per share, payable 10 August |
Performance fees £0.1m (FY20: £1.8m) | 2021 |
Operating profit margin 24% (FY20: 30%) | Special dividend of 0.45p per share, payable 10 August 2021 |
Shareholders' equity £26.8m at 31 March 2021 |
AUME ($bn) | Revenue (£m) | Management fees (£m) | Profit before tax (£m) | EPS (pence) | ||||
90 | 80.1 | ||
80 | |||
70 | 57.3 | 58.6 | |
60 | |||
50 | |||
40 | |||
30 | |||
20 | |||
10 | |||
0 | |||
FY19 | FY20 | FY21 |
30 | 25.6 | 25.4 |
25.0 | ||
25 | ||
20 | ||
15 | ||
10 | ||
5 | ||
0 | ||
FY19 | FY20 | FY21 |
30 | |||
25 | 22.3 | 23.1 | 24.9 |
20 | |||
15 | |||
10 | |||
5 | |||
0 | |||
FY19 | FY20 | FY21 |
10.0 | ||
8.0 | 7.7 | |
6.2 | ||
5.0 | ||
0.0 | ||
FY19 | FY20 | FY21 |
4 | ||
3.27 | 3.26 | |
3 | 2.75 | |
2 | ||
1 | ||
0 | ||
FY19 | FY20 | FY21 |
3 | RECORD PLC |
Agenda
Business Strategy
Product Performance
Financial performance
4 | RECORD PLC |
Growth and modernisation strategy
- Growth being pursued and building on strong foundations:
- 38 year track record - established reputation and expertise within FX and derivatives markets
- Profitable and cash generative business model
- Broad suite of products and services
- High quality institutional clients and longevity of client relationships
- Focus on client-led product development opportunities
- Diversification of offerings beyond currency-related products and services
- Increase operational efficiency and capability through investment in infrastructure and third party systems
- Plan for future generational change
- Maintain strong capital position to support investment and dividend policy
5 | RECORD PLC |
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Disclaimer
Record plc published this content on 17 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 June 2021 08:29:06 UTC.
