Thomson Reuters Intellectual Property & Science

Transcription

1 Thomson Reuters Intellectual Property & Science Investor Day May 29, 2013 Chris Kibarian President, Intellectual Property & Science

2 Special Note Safe Harbor / Forward-Looking Statements The following discussion contains forward-looking statements, including those about Thomson Reuters outlook and prospects. Forward-looking statements are those which are not historical facts. These and other statements that relate to future results and events are based on Thomson Reuters current expectations. Our actual results in future periods may differ materially from those currently expected because of a number of risks and uncertainties. The risks and uncertainties that we believe are material are outlined in our disclosure filings and materials, which you can find on Please consult these documents for a more complete understanding of these risks and uncertainties. We disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. Our outlook is provided for the purpose of providing information about current expectations for This information may not be appropriate for other purposes. The trademarks and brands included in this deck are the trademarks of the respective owners. Non-IFRS Financial Measures This presentation contains disclosures of certain non-ifrs financial measures. These measures include revenues from ongoing businesses. Please see the Investor Relations section of our website for a reconciliation of each of these measures to the most directly comparable IFRS financial measure. 2

3 Thomson Reuters Intellectual Property & Science PROFESSIONAL +6% total LEGAL +3% IP & SCIENCE $894M +6% $12.4 Billion 2012 revenues 1 FINANCIAL & RISK +1% total TAX & ACCOUNTING +16% Reuters News Revenue Growth Pre-FX > 5% 0% to 5% 1 Revenues from ongoing businesses 3

4 We Drive The Innovation Lifecycle DISCOVER DEVELOP DELIVER Innovation Lifecycle Scientific R&D Intellectual Property Launch 2012 Revenue 1 ~$0.3B ~$150M ~$0.4B Our Mission Connect the scientific community to the world s best science Drive more effective and innovative R&D Create, Commercialize and Protect IP Key Solutions Principal Competitors Reed Elsevier Google Scholar Reed Elsevier Informa CPA CSC 1 Revenue from ongoing businesses 4

5 We Power The Innovation Ecosystem DISCOVER DEVELOP DELIVER Top Research Institutions Large Pharma Blue Chip Corporations Leading Government Agencies Corporate R&D Internet Leaders Global Foundations Innovating Biotechs Global Law Firms 5

6 How We Drive The Innovation Lifecycle 6

7 How We Drive The Innovation Lifecycle 7

8 Accelerating Growth and Expanding Profit Accelerating Growth Expanding Profit REVENUE 1 EBITDA +8% CAGR +7-8% CAGR +2% CAGR ~$1B -1% CAGR >$300M $756M $269M Revenue from ongoing businesses 8

9 A Global Business with Robust, Predictable Returns PREDICTABLE REVENUE Subscription / Transactional Great Fundamentals GLOBAL EXPOSURE Global Revenue STRONG RETURNS EBITDA margin 50% EMEA 75% ~34% 26% 25% 24% N America Global Markets 2012 Renewal Rate >90% Rapid Growth China 15% 5-6% LatAm 15% India 22% Capex as % of Revenue 5-6% 9

10 We Serve The Growing Innovation Space Large & Growing R&D Spend Increasingly Global High Value IP +$1T $0.4T +$1T $1.5T ~$2.5T RoW Asia Source: Battelle China Share 11% % 9% 28% 23% 15% US Europe $4.5B Patents Acquired V Source: Reuters.com $1B Damages Awarded Counterfeit & Pirated Goods $1.5T $200B Digital Piracy Source: Frontier Economics 10

11 We Are a Leading-Edge Innovation Solutions Business Old World... Data CHANGING CUSTOMER NEEDS...New World IP & Science provides: Big Data High Value Insights Powerful Visualisations Information Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor Lorem incididunt ipsum dolor ut sit amet, labore et dolore consectetur magna aliqua. adipisicing elit, sed Ut enim ad minim do eiusmod veniam, tempor quis nostrud exercitation ullamco Lorem incididunt ipsum dolor ut sit amet, labore et dolore laboris nisi ut aliquip ex consectetur magna aliqua. ea adipisicing elit, sed Ut enim ad minim commodo consequat. Duis do aute eiusmod veniam, tempor quis incididunt ut nostrud exercitation irure dolor in reprehenderit labore in et ullamco dolore magna aliqua. laboris nisi voluptate velit esse cillum Ut ut dolore enim aliquip ad ex minim ea veniam, quis commodo consequat. Duis aute eu fugiat nulla irure dolor pariatur. nostrud exercitation ullamco in reprehenderit in Excepteur voluptate sint occaecat laboris nisi ut aliquip ex ea velit esse cillum dolore cupidatat non proident, eu fugiat sunt commodo nulla in consequat. Duis aute pariatur. culpa qui officia deserunt Excepteurmollit irure dolor in reprehenderit in sint occaecat anim id cupidatat est laborum voluptate velit esse cillum dolore non proident, eu fugiat sunt nulla in pariatur. culpa qui officia deserunt Excepteurmollit sint occaecat anim id cupidatat est laborum non proident, sunt in culpa qui officia deserunt mollit anim id est laborum Solutions Integrated Content, Data, Tools Decision Support Customer Workflow Integration Physical TM Digital Combined Trademark & Online Brand Protection Anti-Counterfeiting / Anti-Piracy 11

12 We Help Make Sense of Big Data Big Data Solutions Digital HIGH VALUE INSIGHTS POWERFUL VISUALIZATIONS DISCOVER Evaluate Research Performance DEVELOP Analyse Global Patent Landscapes 12

13 We Have Powerful Integrated Solutions Big Data Solutions Digital LEADING ANALYTICS DEVELOP TARGETED DASHBOARDS WORKFLOW INTEGRATION Advanced Applications API Leading- Edge Platform Curated Content Proprietary Content + Customer s Own Data 13

14 We Help Protect IP in Today s Digital World Big Data Solutions Digital CLIENT DELIVER World Wrestling Entertainment Inc wwe.com Protect Trademarks and Monitor Infringement Physical WWE Stone Cold Steve Austin The Rock Hulk Hogan Detect Brand Usage Online & Enforce Infringement Domain Protection Anti-Counterfeiting Anti-Piracy Digital wwe.com wrestlemania.com smackdown.com 14

15 Key Takeaways We Drive the Innovation Lifecycle DISCOVER DEVELOP DELIVER We Are Accelerating Growth Our Opportunity is Vast and Global 15