Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Experian delivered organic growth that edged market expectations on strong performances in its B2B and consumer services businesses.
For the 12 months ended 31 March, pre-tax profits 7% $957m and organic revenue grew 9%, slightly above analysts' expectations for growth within a 5 to 8% range. Total revenue grew 6% to $4.86bn.
Consumer Services organic revenue grew 6% thanks to a rapidly growing new product portfolio.
Total dividend for the year was up 4% to 46.5 US cents per ordinary share.
Looking ahead, the company said it expected to deliver further strong performance in 2020, with organic revenue growth in the 6-8% range, Benchmark EBIT growth at or above revenue growth and strong progress in Benchmark earnings per share.
'This was a very good year for Experian. Our investment and innovation agenda delivered strong and broad-based growth with exciting new offers for consumers and businesses. We have strengthened our prospects and expanded our opportunities; both our B2B and Consumer Services businesses delivered strongly,' said Brian Cassin, Chief Executive Officer.
At 8:31am: (LON:EXPN) Experian PLC share price was -38.5p at 2170.5p