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Western Union Co (WU) SEC Filing 10-K Annual report for the fiscal year ending Thursday, December 31, 2015

Western Union Co

CIK: 1365135 Ticker: WU


Exhibit 99.1
 
 
 
Contacts:
Media
  
Investors
Dan Diaz
  
Mike Salop
720-332-5564
  
720-332-8276
daniel.diaz@westernunion.com
  
mike.salop@westernunion.com
 
 
Western Union Reports Fourth Quarter and Full Year Results
Full Year Revenue $5.5 Billion; Constant Currency Revenue Increases 4%
GAAP EPS $1.62; EPS (excluding prior charge) Increases 5% to $1.67
Dividend Increased 3%
_________________________________________________________
    
Englewood, Colo., February 9, 2016
- The Western Union Company (NYSE: WU) today reported financial results for the 2015 fourth quarter and full year, and its financial outlook for 2016.

For the 2015 full year, the Company’s revenue increased 4% on a constant currency basis compared to the prior year period, while reported revenues declined 2% due to the impact of the stronger U.S. dollar. The strengthening of the U.S. dollar, net of hedge benefits, negatively impacted revenue by $323 million.

Operating margin, excluding the second quarter settlement charge related to our Paymap subsidiary, improved to 20.9% for the year, compared to 20.3% in 2014. The improvement was driven by cost savings initiatives benefits and foreign currency hedge gains, which more than offset the negative impact of currency translation on margins. GAAP operating margin in 2015 was 20.2%.

Earnings per share excluding the charge increased 5% to $1.67, compared to $1.59 in the prior year, while GAAP earnings per share increased 2% to $1.62. Cash flow from operating activities was approximately $1.1 billion, and the Company returned $817 million to shareholders through dividends and share repurchases.

“I am pleased with our fourth quarter and 2015 results,” said President and Chief Executive Officer Hikmet Ersek. “We again delivered a good quarter despite global economic and geopolitical challenges, which demonstrates the resiliency of our consumers and business.”



The following information was filed by Western Union Co (WU) on Tuesday, February 9, 2016 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Document And Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets (parentheticals)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income
Consolidated Statements Of Income
Consolidated Statements Of Income (parentheticals)
Consolidated Statements Of Stockholders' Equity
Acquisitions
Acquisitions (details Numeric)
Acquisitions (details)
Acquisitions (tables)
Borrowings
Borrowings (details 1)
Borrowings (details Numeric)
Borrowings (details)
Borrowings (tables)
Commitments And Contingencies
Commitments And Contingencies (details Numeric)
Derivatives
Derivatives (details 1)
Derivatives (details 2)
Derivatives (details 3)
Derivatives (details 4)
Derivatives (details Numeric)
Derivatives (details)
Derivatives (tables)
Employee Benefit Plans
Employee Benefit Plans (details Numeric)
Fair Value Measurements
Fair Value Measurements (details)
Fair Value Measurements (tables)
Formation Of The Entity And Basis Of Presentation
Formation Of The Entity And Basis Of Presentation (details Numeric)
Income Taxes
Income Taxes (details 1)
Income Taxes (details 2)
Income Taxes (details 3)
Income Taxes (details 4)
Income Taxes (details 5)
Income Taxes (details Numeric)
Income Taxes (details)
Income Taxes (tables)
Investment Securities
Investment Securities (details 1)
Investment Securities (details Numeric)
Investment Securities (details)
Investment Securities (tables)
Operating Lease Commitments
Operating Lease Commitments (details)
Operating Lease Commitments (tables)
Other Assets And Other Liabilities
Other Assets And Other Liabilities (details)
Other Assets And Other Liabilities (tables)
Productivity And Cost-savings Initiatives Expenses
Productivity And Cost-savings Initiatives Expenses (details 1)
Productivity And Cost-savings Initiatives Expenses (details Numeric)
Productivity And Cost-savings Initiatives Expenses (details)
Productivity And Cost-savings Initiatives Expenses (tables)
Quarterly Financial Information (unaudited)
Quarterly Financial Information (unaudited) (details)
Quarterly Financial Information (unaudited) (tables)
Related Party Transactions
Related Party Transactions (details Numeric)
Segments
Segments (details 1)
Segments (details Numeric)
Segments (details)
Segments (tables)
Stock Compensation Plans
Stock Compensation Plans (details 1)
Stock Compensation Plans (details 2)
Stock Compensation Plans (details 3)
Stock Compensation Plans (details Numeric)
Stock Compensation Plans (details)
Stock Compensation Plans (tables)
Stockholders' Equity
Stockholders' Equity (details 1)
Stockholders' Equity (details Numeric)
Stockholders' Equity (details)
Stockholders' Equity (tables)
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (details 1)
Summary Of Significant Accounting Policies (details 2)
Summary Of Significant Accounting Policies (details 3)
Summary Of Significant Accounting Policies (details Numeric)
Summary Of Significant Accounting Policies (details)
Summary Of Significant Accounting Policies (policies)
Summary Of Significant Accounting Policies (tables)
Ticker: WU
CIK: 1365135
Form Type: 10-K Annual Report
Accession Number: 0001365135-16-000062
Submitted to the SEC: Fri Feb 19 2016 4:06:45 PM EST
Accepted by the SEC: Fri Feb 19 2016
Period: Thursday, December 31, 2015
Industry: Business Services

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