Your SlideShare is downloading. ×
0
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Dv investor prez
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Dv investor prez

3,639

Published on

Published in: Education, Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
3,639
On Slideshare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
2
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. Achieve. Grow. Build.
  • 2.  Forward-Looking Statements Certain statements contained in this presentation concerning DeVry’s future performance, including those statements concerning DeVry’s expectations or plans, may constitute forward-looking statements subject to the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as DeVry Inc. or its management “believes,” “expects,” “anticipates,” “foresees,” “forecasts,” “estimates” or other words or phrases of similar import. Actual results may differ materially from those projected or implied by these forward-looking statements. Potential risks, uncertainties and other factors that could cause results to differ are described more fully in Item 1A, “Risk Factors,” in DeVry’s most recent Annual Report on Form 10-K for the year ending June 30, 2010 and filed with the Securities and Exchange Commission on August 25, 2011.
  • 3.  Business,Technology Medical & International, K-12 and & Management Healthcare Professional Education
  • 4. Student Outcomes NCLEX Pass Rate 95%
  • 5. Student Outcomes
  • 6. Student Outcomes Achieves AVMA Accreditation
  • 7.  Revenue: 10-Year History CAGR FY01-10 +14.5% $2,182 FY10-11 +13.9% $1,915 $1,461 (in millions) $1,092 $934 $785 $781 $840 $648 $679 $568 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11
  • 8.  Net Income: 10-Year History CAGR FY01-10 +21.6% FY10-11 +17.9% $330 $280 (in millions) $171* $128* $58 $67 $61 $52 $67* $43 $18 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11*Excludes discrete items.
  • 9.  Financial Highlights (in millions) Revenue Net Income $1,636 $255 $1,584 -3% -48% $187* $54** $133 FY11 FY12 FY11 FY12 1st Nine Months 1st Nine Months *Represents YTD FY12 net income before impairment charge and gain on sale.**Discrete item of Carrington impairment charge net of sale of Stalla.
  • 10.  DeVry Inc. Total Enrollment 140,000 130,957 126,165 120,000 -3.7% 100,000 80,000 60,000 40,000 20,000 0 2011 2012Spring 2012 enrollment for DeVry’s degree-granting institutions.Excludes Becker and Advanced Academics.
  • 11.  Strong Financial Position (in millions) Cash Debt $200 $700 $599 $600 $150 $500 $125 $125 $400 $323 $332 $100 $300 $277 $225 $200 $129 $50 $100 $0 $0 $0 $0 $0 $0 FY07 FY08 FY09 FY10 FY11 Thru FY07 FY08 FY09 FY10 FY11 Thru Q312 Q312
  • 12.  DeVry’s Performance 2014-2016 2007-2011 2012-2013 Recovery and Performance Transition Growth • Strong enrollments • Revenues down • Modest enrollment • Exceptional operating • Earnings down growth at DeVry leverage University • Transitioning back to growth • 2011 onsite enrollment levels at Carrington • Other institutions continue growth
  • 13. 5 Point Performance Improvement Plan
  • 14. 5 Point Performance Improvement Plan1. Aligning costs with enrollment levels • $25m since 3Q11 • Additional $50m in FY13 • Focused on DeVry University and Carrington Colleges
  • 15. 5 Point Performance Improvement Plan1. Aligning costs with enrollment levels2. Enhance recruiting process3. Improve awareness building
  • 16. 5 Point Performance Improvement Plan1. Aligning costs with enrollment levels2. Enhance recruiting process3. Improve awareness building4. Targeted investments to drive growth
  • 17.  Growth Investments acquires
  • 18.  Growth Investments
  • 19. 5 Point Performance Improvement Plan1. Aligning costs with enrollment levels2. Enhance recruiting process3. Improve awareness building4. Targeted investments to drive growth5. Invest in DeVry’s people
  • 20. Developing our Faculty
  • 21. Delivering Long-Term Value
  • 22.  Our Strategic Plan
  • 23.  Our Strategic Plan Superior student outcomes • High-quality, career-oriented academics • Service excellence • Innovative educational technology
  • 24.  Our Strategic Plan and diversify • Program areas • Levels of education • Geographic
  • 25. Diversification: Program Areas Total Enrollment: Total Enrollment: 43,300 120,000+ 30% Business 27% Healthcare 45% Business 70% Technology 28% Technology Fall 2002 Fall 2010* Based on data provided to IPEDs; excludes enrollments at Advanced Academics and Becker Professional Education.
  • 26. Diversification: Level of Education Total Enrollment: Total Enrollment: 43,300 120,000+ 5% Doctoral 14% Master’s 21% Master’s 68% Bachelor’s 56% Bachelor’s 18% Associate/ Associate/ Certificate 19% Certificate Fall 2002 Fall 2011* Based on data provided to IPEDs; excludes enrollments at Advanced Academics and Becker Professional Education.
  • 27. Diversification: Geographic4% International 13% International96% USA 87% USA2002 2011
  • 28. • Market dynamics favorable to private-sector education• Organic growth: sharing best practices and DeVry brand• Growth via acquisitions
  • 29.  Our Strategic Plan High-quality infrastructure • Technology • Human resources • Operational excellence • Reputation
  • 30.  Our Strategic Plan Strengthen our Core Grow our Core and Invest to Support our Strategy Diversify and Organization
  • 31.  Allocating Capital • Strengthen and grow the core • Diversify beyond the core • Dividends and share repurchases
  • 32.  Investment Thesis Education Sector DeVry• Large, growing demand for • Strong brands, quality career-oriented education reputation• Public-sector constrained • Diversification• Attractive economics • Margin growth
  • 33. Achieve. Grow. Build.

×