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Last €102.38 EUR
Change Today -1.10 / -1.06%
Volume 0.0
TW6 On Other Exchanges
Symbol
Exchange
Munich
As of 2:08 AM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

towers watson & co-cl a (TW6) Snapshot

Open
€103.87
Previous Close
€103.48
Day High
€104.01
Day Low
€102.38
52 Week High
06/29/15 - €127.25
52 Week Low
09/24/14 - €77.43
Market Cap
7.1B
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
69.3M
EX-Date
09/28/15
P/E TM
--
Dividend
€0.60
Dividend Yield
0.49%
Current Stock Chart for TOWERS WATSON & CO-CL A (TW6)

towers watson & co-cl a (TW6) Details

Towers Watson & Co., a professional services company, provides human capital and financial consulting services worldwide. The company’s Benefits segment offers actuarial and consulting services for large defined benefit and defined contribution plans, such as consulting on plan design, funding, and risk management strategies; and plan management consulting services through the health and group benefit programs, including health, dental, disability, life, and other coverage. This segment also provides pension outsourcing services; and international human capital management services, related benefits, and compensation advisory services. Its Exchange Solutions segment offers primary medical and ancillary benefit exchange services to retirees and pre-65 individuals through its proprietary group to individual technology platform; group benefit exchanges to the active employees of virtually any employer; and a suite of health and welfare outsourcing services. This segment uses its software as a service—based technology and related services to deliver consumer-driven health care and reimbursement accounts, including health savings accounts, health reimbursement arrangements, and other consumer-directed accounts. The company’s Risk and Financial Services segment provides risk consulting and software to the insurance industry, as well as to the corporate clients to their insurance and risk management needs; and investment advice and solutions in the areas of risk assessment, asset-liability modeling, strategic asset allocation policy setting, manager selection, and investment execution to pension funds and institutional investors. It’s Talent and Rewards segment offers executive compensation, rewards, talent, and communication advisory services; and data, surveys, and technology solutions comprising benchmarking data, employee surveys, and human resource software solutions. Towers Watson & Co. was founded in 1865 and is based in Arlington, Virginia.

16,300 Employees
Last Reported Date: 08/14/15
Founded in 1865

towers watson & co-cl a (TW6) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $2.5M
Chief Financial Officer and Vice President
Total Annual Compensation: $1.1M
Managing Director of Exchange Solutions Busin...
Total Annual Compensation: $1.2M
Managing Director of Benefits Business Segmen...
Total Annual Compensation: $1.2M
Compensation as of Fiscal Year 2014.

towers watson & co-cl a (TW6) Key Developments

Towers Watson Shareholders Aim to Block Willis Merger

Towers Watson shareholders have filed several class action suits against the company in the US over its planned merger with broker Willis. According to a document filed with the US Securities and Exchange Commission on August 6, 2015 four putative class action complaints challenging the merger have been filed in the Court of Chancery for the State of Delaware. The complaints allege that Towers Watson's directors breached their fiduciary duties to stockholders by agreeing to merge Towers Watson with Willis through an inadequate and unfair process, which led to inadequate and unfair consideration and unfair deal protections, and that Willis and Merger Sub aided and abetted those alleged breaches.

Towers Watson & Co. Announces Quarterly Dividend, Payable on October 15, 2015

Towers Watson & Co announced that it will pay a quarterly dividend on its common stock of $0.15 per share on October 15, 2015 to shareholders of record on September 30, 2015.

Towers Watson Reports Consolidated Earnings Results for the Fourth Quarter and Year Ended June 30, 2015; Provides Earnings Guidance for the First Quarter and Full Year of Fiscal 2015

Towers Watson reported consolidated earnings results for the fourth quarter and year ended June 30, 2015. For the quarter, the company reported revenue of $888.21 million against $878.985 million a year ago. Income from operations was $131.116 million against $125.238 million a year ago. Income from continuing operations before income tax was $130.992 million against $124.199 million a year ago. Income from continuing operations was $89.389 million or $1.28 diluted per share against $82.272 million or $1.17 diluted per share a year ago. Net income attributable to common shareholders of $89.102 million or $1.28 diluted per share against $82.392 million or $1.17 diluted per share a year ago. Adjusted income from continuing operations was $104.713 million or $1.51 diluted per share against $94.404 million or $1.34 diluted per share a year ago. Adjusted EBITDA was $179.939 million against $169.168 million a year ago. Free cash flow was $280 million as compared to $219 million in the fourth quarter last year. For the year, the company reported revenue of $3,644.953 million against $3,481.912 million a year ago. Income from operations was $588.601 million against $494.508 million a year ago. Income from continuing operations before income tax was $585.693 million against $498.506 million a year ago. Income from continuing operations was $385.631 million or $5.50 diluted per share against $360.257 million or $4.98 diluted per share a year ago. Net income attributable to common shareholders of $384.978 million or $5.50 diluted per share against $359.3 million or $5.06 diluted per share a year ago. Cash flows from operating activities were $573.519 million against $456.091 million a year ago. Adjusted income from continuing operations was $432.861 million or $6.19 diluted per share against $408.355 million or $5.76 diluted per share a year ago. Adjusted EBITDA was $767.219 million against $669.658 million a year ago. Free cash flow continued to be very strong at $502 million as compared to $391 million in fiscal 2014, a 28% increase. Free cash flow strength for the year was driven by the company's strong business results and year-over-year bonus differences. For the first quarter of fiscal year 2016, the company expects to report revenues in the range of $870 million to $885 million, reflecting constant currency revenue growth in the range of 5% to 6%. Reported growth is expected to be in the flat to 2% range as the company lose about $40 million of revenue year-over-year due to the strengthening of the U.S. dollar based on the company's currency assumptions. The company expects adjusted diluted earnings per share in the range of $1.30 to $1.35. This includes a year-over-year negative impact due to currency translation of approximately $0.04. EBITDA margin is expected to be in a range of 19.0% to 19.5%. The company expects the first quarter of fiscal 2016 income tax rate to be in the 34% to 35% range. For the full year of fiscal 2015, the company expects expect mid-single-digit constant currency revenue growth, which includes continuing momentum in comparison to the very strong fiscal 2015 results. The company expects adjusted EBITDA margin to continue to be at the current record run rate of around 21%. Adjusted diluted EPS from continuing operations is expected to increase in the mid-single digits, but slightly below the level of constant currency revenue growth as the company expects around a $0.12 negative currency impact based on the company's foreign currency assumptions. The company expects capital expenditures to be around the company’s historical average.

 

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TW6 Competitors

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Company Last Change
Arthur J Gallagher & Co $42.41 USD +0.08
Brown & Brown Inc $31.56 USD +0.40
MAXIMUS Inc $62.10 USD +2.12
Robert Half International Inc $51.37 USD +1.46
Willis Group Holdings PLC $42.63 USD +0.15
View Industry Companies
 

Industry Analysis

TW6

Industry Average

Valuation TW6 Industry Range
Price/Earnings 21.1x
Price/Sales 2.2x
Price/Book 2.7x
Price/Cash Flow 14.4x
TEV/Sales 1.9x
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