Wednesday, August 4, 2021

Revenue on the rise at Experian

Revenue and profit before tax are on the up at Experian, according to a half-yearly financial report for the six months ended 30 September 2019.

The Dublin company, which has its UK Regional Operational Headquarters in Nottingham has seen revenue rise from $2.36bn, in the same period of 2018, to $2.49bn while profit before tax has increased from $470m to $480m.

Brian Cassin, Chief Executive Officer, said: “We have started the year well. First-half organic revenue growth was 7%, with acceleration in Q2. This reflects successful execution on big new addressable market opportunities, the global roll out of our innovative platforms and considerable momentum in Consumer Services as we invest in Experian Boost.

“We now expect full-year organic revenue growth in the 7-8% range, at the upper end of our previous guidance. We continue to expect EBIT growth at or above revenue growth and strong progress in Benchmark earnings per share, all at constant currency, and for the full year we expect operating cash conversion of around 90%.”

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