Guidance
Our guidance for 2024 is provided below. We expect sustained good organic growth in line with the prior year and a further increase in the adjusted operating profit margin. Margin improvement is now expected to be driven by our Finance & Corporate Compliance, Legal & Regulatory, and Corporate Performance & ESG divisions.
| Performance Indicators | 2024 Guidance | 2023 Actual |
| Adjusted operating profit margin* | 26.4% - 26.8% | 26.4% |
| Adjusted free cash flow** | €1,150-€1,200 million | €1,164 million |
| ROIC* | 17%-18% | 16.8% |
| Diluted adjusted EPS** | Mid-to high single-digit | 12% |
*Guidance for adjusted operating profit margin and ROIC is in reporting currency and assumes an average EUR/USD rate in 2024 of €/$ 1.08. ** Guidance for adjusted free cash flow and diluted adjusted EPS is in constant currencies (€/$ 1.08). Guidance reflects share repurchases of €1 billion in 2024.
For definitions of the above performance indicators, please consult the Glossary
