Full-year 2020 revenues are expected to decline between 4% and 6%. Transactions revenues declined 2% (14% of total). Operating profit decreased as the prior-year period included a significantly higher benefit from the revaluation of warrants that the company holds in Refinitiv relating to the proposed sale of Refinitiv to London Stock Exchange Group plc (LSEG), which is discussed later in this news release. Automate sales and use tax, GST, and VAT compliance. Global coverage for over 138 developed and emerging markets. Malaysia & Brunei:+603 7 724 0502 Refinitiv, earlier this month,announced a new set of 2025 & 2030environmental and social goals that represent the next step in Refinitivs mission todeepen climate action, be a leading sustainable and responsible business and use the power of its data and insights to help the global investment community shift towards sustainable investments. Material assumptions related to the companys free cash flow outlook are its ability to achieve its revenue and adjusted EBITDA margin targets; and capital expenditures are between the percentages of revenues in 2021, 2022 and 2023 as set forth in the companys outlook. You can adjust your preferences at any time through the preference link in any electronic communication that you receive from us. As of June 30, 2020, Thomson Reuters had $946 million of cash on hand and $120 million of current indebtedness. Revenues decreased 1% as growth in recurring revenues was more than offset by expected declines in Global Print and transactions revenues, as well as a negative impact from foreign currency that reduced revenues by $21 million (approximately 1%). See the section below entitled Non-IFRS Financial Measures for more information. The International Maritime Organization (IMO), which sets standards for marine fuel, will establish on Jan. 1 a new regulation that will significantly impact the shipping industry. Recurring revenues grew 7% (89% of total), driven by organic revenue growth of 9%, and were slightly offset by the loss of revenues from the sale of the Aumentum government business. Hundreds of document types, including Annual & Quarterly reports, equity and fixed income prospectuses, municipal bonds, M&A, CSR, ownership and other regulatory filings. From time to time, the company also issues debt securities under a prospectus. We have an opportunity to reimagine the end-to-end customer experience through simplification, innovation and enhanced product integration, which I believe will present substantive opportunities to further fuel our growth and realize substantial efficiencies.. You can access the webcast by visiting ir.thomsonreuters.com. The company announced today that its Board of Directors approved a $0.10 per share annualized increase in the dividend to $1.62 per common share, representing the 28th consecutive year of dividend increases. MSCI SERVICES AND DATA ARE THE PROPERTY OF MSCI OR ITS INFORMATION PROVIDERS, AND ARE PROVIDED AS-IS AND WITHOUT WARRANTY. WHO; Posted 24 Apr 2021 Originally published 24 Apr 2021. Forward-looking statements, including those related to the COVID-19 pandemic, are subject to a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from current expectations. Tap into a team of experts who create and maintain timely, reliable, and accurate resources so you can jumpstart your work. As a result, percentages and margins calculated from reported amounts may differ from those presented, and growth components may not total due to rounding. Mother. While the companys second-quarter performance provides it with increasing confidence about its full-year outlook, it is still too early to predict with certainty how and when world markets may recover. 2020 Annual Report 2.8 MB. . We are currently reviewing your application. These changes impacted the 2019 financial results of the segments but did not change the consolidated 2019 financial results. Revenues increased 4% (3% organic) to $338 million. This is an organic growth program, and our experienced team has begun to execute with urgency and rigor. 2019 Annual Report 3 MB. Registration Document 7 MB. The company also announced a two-year Change Program, provided a financial outlook for the next three years and announced a $0.10 increase in its annualized common share dividend. Additional information regarding Refinitivs financial results is provided in the appendix to this news release. 180 014 410 639(PLDT) The magnitude of these items may be significant. Consolidate multiple country-specific spreadsheets into a single, customizable solution and improve tax filing and return accuracy. The report reiterates Refinitiv is now carbon neutral and powered by 100% renewable energy at a regional level. By submitting this form, you agree to your personal data being shared within the London Stock Exchange Group of companies (LSEG) for the purpose of receiving communications via post, phone and electronic means from LSEG about events, resources, products, and/or services. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. Middle East & North Africa:800035704182, Asia Pacific (Sub-Regional) Material risks related to the companys revenue outlook are that business disruptions associated with the COVID-19 pandemic, including government enforced quarantines and stay-at-home orders, may continue longer than the company expects or may be interrupted by future outbreaks and resurgences of the virus, delaying the anticipated recovery of the global economy; global economic uncertainty due to the COVID-19 pandemic as well as related regulatory reform and changes in the political environment may lead to limited business opportunities for the companys customers, creating significant cost pressures for them and potentially constraining the number of professionals employed, which could lead to lower demand for Thomson Reuters products and services; demand for the companys products and services could be reduced by changes in customer buying patterns or in its inability to execute on key product design or customer support initiatives; competitive pricing actions and product innovation could impact the companys revenues; and the companys sales, commercial simplification and product initiatives may be insufficient to retain customers or generate new sales. Any worsening of the global economic or business environment could impact the companys ability to achieve its outlook. Data Provided by Refinitiv. Non-IFRS financial measures are defined and reconciled to the most directly comparable IFRS measures in the appended tables. In addition, the first half of 2020 benefited from some favorable timing items that are not expected to continue. Their need for trusted, authoritative always-on actionable content combined with unique data, AI/machine learning and software will only increase a real opportunity for us to better serve our customers. 21517092-C0E4-4A51-A13F-D399E37ACD41_annual_report_2006.pdf 6.6 MB. All countries (toll free):+1 800 427 7570 Data Provided by Refinitiv. A "Risk Factors" section will also be included in the company's 2021 annual report . The company's outlook contains various non-IFRS financial measures. If $6 million of Pay-Per-Return tax filings had not been delayed to the third quarter, Tax & Accounting Professionals organic revenues would have increased 3%. +612 8066 2494 1 Benefits How our Filings can benefit you Global coverage for over 138 developed and emerging markets. Head of Commercial Communications & Corporate Affairs Data Provided by Refinitiv. Where We Are on TV Report - 2022-23 - GLAAD Material assumptions related to the companys adjusted EBITDA margin outlook are its ability to achieve revenue growth targets; the companys business mix continues to shift to higher-growth product offerings; Change Program expenses are $500 million to $600 million in 2021 and 2022; and Change Program investments will drive higher adjusted EBITDA margin through higher revenues and efficiencies by 2023. . Minimum 15 minutes delayed. Korea:+822 3478 4303 The 2019 segment amounts were also adjusted to reflect the transfer of certain revenues among the segments to where they are better aligned. Refinitiv is one of the worlds largest providers of financial markets data and infrastructure, serving over 40,000 institutions in approximately 190 countries. The company continues to act based on guidance from global health organizations, relevant governments and evolving best practices. Africa:+27 11 775 3188 Automate sales and use tax, GST, and VAT compliance. 2016 Annual Report 4 MB. Stockholder Services. . 2020 Proxy Statement 3.3 MB. Provides a full line of federal, state, and local programs. Area of interest: Help us connect you to the right expert. Many of the foregoing risks are, and could be, exacerbated by the COVID-19 pandemic and any worsening of the global business and economic environment as a result. Please try again or contact us for further assistance. We refine and deploy the world's data to power and connect global financial communities, serving more than 40,000 institutions in approximately 190 countries. Head of Corporate Affairs 2017 Annual Report 2.8 MB. The margin increased to 35.9% from 30.9%, primarily due to higher revenues and lower expenses from the companys COVID-19-related cost mitigation efforts. Material risks related to the companys revenue outlook are that business disruptions associated with the COVID-19 pandemic, including government enforced quarantines and stay-at-home orders, may continue longer than the company expects or may be interrupted by secondary outbreaks of the virus, delaying the anticipated recovery of the global economy; global economic uncertainty due to the COVID-19 pandemic as well as related regulatory reform and changes in the political environment may lead to limited business opportunities for the companys customers, creating significant cost pressures for them and potentially constraining the number of professionals employed, which could lead to lower demand for Thomson Reuters products and services; competitive pricing actions and product innovation could impact the companys revenues; the companys sales, commercial simplification and product initiatives may be insufficient to retain customers or generate new sales; factors that the company cannot anticipate may reduce the effectiveness of its employees working remotely, including the inability to execute on key product or customer support initiatives or to perform implementation services remotely; factors that the company cannot anticipate may require it to suspend or cease operations at its Global Print facility or may limit the ability of Reuters News journalists to report on certain global events; and a decline in Global Print revenues may be larger than the company anticipates if customers do not resume shipments because they are not able to return to their business locations or for other reasons. And it shows how Refinitivs ESG data is playing a crucial role in transforming the entire financial sector into a sustainable financial sector., Luke Manning, Global Head of Sustainability and Enterprise Risk for Refinitiv, said: This is another important step in Refinitivs sustainable journey and puts us in the leading pack of responsible businesses. Reuters Events is assessing if and when in-person conferences can resume in 2021. Refinitivs annual sustainability report tracks progress on its year-end 2020 targets, which were publicly announced in January 2019 asthree core pledgeson environment, social impact and sustainable initiatives, in support of the United Nations Sustainable Development Goals (UN SDGs). 2006 Annual Report 2.2 MB. Up to 55 years of history and 38 million documents. WHO Ghana - Annual Report 2022 - Ghana 2007 Annual Report 2.1 MB. In each of the three and four years following the closing (starting on January 30, 2023 and January 30, 2024, respectively), Thomson Reuters and Blackstone's consortium will become entitled to sell in aggregate one-third of the LSEG shares issued to them. Transactions revenues declined 6% (19% of total), driven by an organic revenue decline of 14%, primarily due to the delayed Pay-Per-Return tax filings. Report: IMO 2020 - A look ahead | Lipper Alpha Insight | Refintiv By submitting this form you are acknowledging that you have read and agree to ourprivacy statement. While the company cancelled or postponed nearly all in-person conferences, primarily in its Reuters Events business, many of these events were replaced with virtual meetings. Organic revenue growth was flat as 4% growth in recurring revenues, which comprised 79% of total revenues, was offset by declines in transactions and Global Print revenues. Hong Kong & Macau: +852 3077 5499 We notice that you have used an expired link to try and complete registration. Annual Reports NASDAQ Stock Quote: NTAP $63.14 0 (0.00%) Volume: 0 4:00 PM : May 12, 2023 Data Provided by Refinitiv. Cash flow from operations increased to $422 million from $113 million due to significantly higher costs and investments in the prior-year period to reposition Thomson Reuters following the separation of F&R from the company, favorable working capital movements and savings from the companys COVID-19-related cost mitigation efforts. Financial Technology, Data, and Expertise | Refinitiv The words will, expect, believe, target, estimate, could, should, intend, predict, project and similar expressions identify forward-looking statements. 2021 Annual Report 4.3 MB. Reign. Fax: +33 1 70 73 43 59 +91 22 6180 7525 Thomson Reuters principal sources of liquidity continue to be cash on hand, cash provided by its operations, its $1.8 billion syndicated credit facility and its $1.8 billion commercial paper program. Featured Report. Thomson Reuters today increased its full-year 2020 outlook for free cash flow and reaffirmed all other metrics for full-year 2020 that it previously communicated on May 5, 2020. Franois-Jos Bordonado The companys products enable its customers to remain productive while they work remotely because they can access most Thomson Reuters products and services through the Internet. Africa:+27 11 775 3188 Please try again orcontact usfor further assistance. We notice that you have used an expired link to try and complete registration. Transactions revenues declined 19% organically. Revenues decreased 10% to $177 million, as expected. Refinitiv & ICD 2020 Report: Global Islamic Finance Assets Expected to 2020 LSEG Annual Report 2020 Download: 2019 LSEG Annual Report 2019 . Data Provided by Refinitiv. The company does not anticipate any changes to its plans to pay the annualized dividend. Annual Information Forms for subsequent years are included within Thomson Reuters annual reports. A business management tool for legal professionals that automates workflow. Access broad and differentiated data sets to help you navigate the rapidly changing financial markets. We are fortunate to begin this program from a position of strength with growing Legal, Tax & Accounting and Government businesses operating in healthy and evolving markets. Data Provided by Refinitiv. Lower costs reflected the completion of the repositioning of the company in 2019 following the separation from its former Financial & Risk (F&R) business, which is now the Refinitiv business of London Stock Exchange Group (LSEG). Adjusted EBITDA up 33%; adjusted EBITDA margin of 32.5%, Accelerating to 3.0: Two Powerful Levers to Drive Both Growth & Efficiencies Brands. Search volumes of data with intuitive navigation and simple filtering parameters. 02/17/09 ( FY 2008) 2008 Annual Report 2.3 MB. Optimize operations, connect with external partners, create reports and keep inventory accurate. +612 8066 2494 Material assumptions related to the companys revenue outlook are that there will be improved global economic conditions throughout 2021 to 2023, despite periods of volatility due to disruption caused by COVID-19 and the measures intended to mitigate its impact; there will be a continued need for trusted products and services that help customers navigate evolving and complex legal, tax, accounting, regulatory, geopolitical and commercial changes, developments and environments, and for cloud-based digital tools that drive productivity; Thomson Reuters will have a continued ability to deliver innovative products that meet evolving customer demands; the company will acquire new customers through expanded and improved digital platforms, simplification of the product portfolio and through other sales initiatives; and the company will improve customer retention through commercial simplification efforts and customer service improvements. The table below summarizes the changes: Certain statements in this news release, including, but not limited to, statements in Mr. Haskers comments, the "Thomson Reuters Change Program and Outlook" section, statements regarding the potential or expected impact of the COVID-19 pandemic on Thomson Reuters, its customers and the general economy, the companys expectations regarding Reuters News, Global Print, share repurchases and its liquidity and capital resources, the companysexpectations regarding the taxconsequencesof the LSEG transaction and itsintentions related to futuresales of LSEG shares, are forward-looking. 2005 . The company continues to believe it is well positioned to weather the economic crisis because its business is supported by a solid financial foundation with access to liquidity resources that it believes are adequate to support it through a gradual recovery. While the company believes that it has a reasonable basis for making forward-looking statements in this news release, they are not a guarantee of future performance or outcomes and there is no assurance that the proposed LSEG/Refinitiv transaction will be completed or that any of the other events described in any forward-looking statement will materialize. This year's report was released in March 2023. Tap into a team of experts who create and maintain timely, reliable, and accurate resources so you can jumpstart your work. Relentless. PDF Green lending review Area of interest: Help us connect you to the right expert. Read 2022 Annual Report now. 2019 Annual Report 1.3 MB. In particular, the full extent of the impact of the COVID-19 pandemic on the companys business, operations and financial results will depend on numerous evolving factors that it may not be able to accurately predict. 04/13/20: Add Files. Thomson Reuters will webcast a discussion of its fourth-quarter and full-year 2020 results and its three-year business outlook today beginning at 8:30 a.m. Eastern Standard Time (EST). . now the Refinitiv business of LSEG IFRS International Financial Reporting Standards . India, Bangladesh, Nepal, Maldives & Sri Lanka: The company also announced today that it recently completed the repurchase of $200 million of its common shares under its normal course issuer bid (NCIB), which began in January 2021. Full-year outlook reaffirmed; free cash flow outlook raised Investor Relations. Adjusted EBITDA was $25 million, up $6 million from the prior-year period mainly due to a benefit from one-time items and currency. Next page next Last page last Should you wish to receive a hard copy version of the annual report, please contact CrossAmerica Partners, Investor Relations at 610-625-8005 or . The Tax & Accounting Professionals segment is the companys most seasonal business with nearly 60% of full-year revenues typically generated in the first and fourth quarters. Cash flow from operations increased primarily because the prior-year period included significantly higher costs and investments to reposition the company following the separation from Refinitiv and higher tax payments. Proxy and Annual Report | BankUnited, Inc. Please resubmit your details and we will send you a new email. Prevailing tailwinds are favorable and play to our strengths. Search volumes of data with intuitive navigation and simple filtering parameters. . Revenues increased 1% as growth in recurring revenues more than offset a decline in Global Print revenues, as well as a negative impact from foreign currency that reduced revenues by $35 million (approximately 1%). Pence's running mate in the 2016 and 2020 presidential elections is the commanding front-runner in the GOP nomination polls as he makes his third straight White House run. BISMARCK, N.D. - The state-owned Bank of North Dakota (BND) reported total record assets of $10.2 billion at year-end 2022. Our goal is to give you more information and time to test strategies and optimize performance.
Silly George Eyelash Serum, How To Use Maxtor External Hard Drive, Articles R