Computershare Ltd Revised FY 2020 Earnings Guidance Call Transcript
Welcome, everybody, to the Computershare market update teleconference. (Operator Instructions). I'll now hand over to Stuart Irving, CEO and President of Computershare.
good morning, everyone, and thank you for joining us today. I am here with Nick Oldfield, our CFO, and Michael Brown from Investor Relations.
Now over the past week or so, we have seen some significant changes in interest-rate markets, and financial markets have become volatile. And whilst we can't predict what may happen from here, we have been assessing the impact of a number of interest rate cuts and changes to the forward yield curves on Computershare and its businesses. These changes will have a bearing on our margin income revenues and, therefore, our earnings guidance for FY20.
Now I'm going to talk through the ASX announcement we released this morning about the revision to FY20 guidance. I will also give some high-level comments on margin income revenues in FY21 and FY22. And then we will open up for questions.
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