SEC Filings

WNS (HOLDINGS) LTD filed this Form 20-F on 05/16/2018
Entire Document

Table of Contents


This annual report contains “forward-looking statements” that are based on our current expectations, assumptions, estimates and projections about our company and our industry. The forward-looking statements are subject to various risks and uncertainties. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “will,” “project,” “seek,” “should” and similar expressions. Those statements include, among other things, the discussions of our business strategy and expectations concerning our market position, future operations, margins, profitability, liquidity and capital resources, tax assessment orders and future capital expenditures. We caution you that reliance on any forward-looking statement inherently involves risks and uncertainties, and that although we believe that the assumptions on which our forward-looking statements are based are reasonable, any of those assumptions could prove to be inaccurate, and, as a result, the forward-looking statements based on those assumptions could be materially incorrect. These risks and uncertainties include but are not limited to:


    worldwide economic and business conditions;


    political or economic instability in the jurisdictions where we have operations;


    our dependence on a limited number of clients in a limited number of industries;


    regulatory, legislative and judicial developments;


    increasing competition in the business process management industry;


    technological innovation;


    telecommunications or technology disruptions;


    our ability to attract and retain clients;


    our liability arising from fraud or unauthorized disclosure of sensitive or confidential client and customer data;


    negative public reaction in the US or the UK to offshore outsourcing;


    our ability to expand our business or effectively manage growth;


    our ability to hire and retain enough sufficiently trained employees to support our operations;


    the effects of our different pricing strategies or those of our competitors;


    our ability to successfully consummate, integrate and achieve accretive benefits from our strategic acquisitions, and to successfully grow our revenue and expand our service offerings and market share;


    future regulatory actions and conditions in our operating areas; and


    volatility of our ADS price.

These and other factors are more fully discussed in “Part I — Item 3. Key Information — D. Risk Factors”, “Part I — Item 5. Operating and Financial Review and Prospects” and elsewhere in this annual report. In light of these and other uncertainties, you should not conclude that we will necessarily achieve any plans, objectives or projected financial results referred to in any of the forward-looking statements. Except as required by law, we do not undertake to release revisions of any of these forward-looking statements to reflect future events or circumstances.