Revenue and Income

Revenue and Benchmark EBIT by region

                                                                                 Revenue               Benchmark EBIT
Year ended 31 March 2019 US$m 2018 US$m1 Growth2 %   2019 US$m 20181 US$m Growth2 %
North America 2,913 2,618 11    940 821 14 
Latin America 707 778   231 259
UK and Ireland 813 788   230 235 (1) 
EMEA/Asia Pacific 422 388 14   3 5 n/a 
Sub total 4,855 4,572 9    1,404 1,320 11 
Central Activities – central corporate costs n/a n/a     (98) (79) n/a
Total ongoing activities 4,855 4,572   1,306 1,241 10 
Exited business activities
6 12     5 6  
Total  4,861 4,584 9    1,311 1,247 10 
Benchmark EBIT margin          26.9% 27.1%  

1. Results for 2018 are restated for IFRS 15 and the reclassification to exited business activities of certain B2B businesses.

2. Total at constant exchange rates.

Income Statement and Earnings analysis

Year ended 31 March

2019
US$m

20181 
US$m

 

 

 

Benchmark EBIT from ongoing activities

1,306

1,241

EBIT - exited business activities

5

6

Benchmark EBIT

1,311

1,247

Net interest expense included in Benchmark PBT

(113)

(85)

Benchmark PBT

1,198

1,162

Exceptional items

5

(57)

Amortisation of acquisition intangibles

(111)

(112)

Acquisition and disposal expenses 

(24)

(20)

Adjustment to fair value of contingent consideration

(16)

(3)

Fair value gain on step acquisition

-

4

Interest on uncertain tax provisions 

(14)

(20)

Financing fair value remeasurements

(81)

(4)

Profit before tax

957

950

Group tax charge

(256)

(136)

Profit after tax

701

814

Benchmark earnings:

 

 

Benchmark PBT

1,198

1,162

Benchmark tax charge

(306)

(296)

Total Benchmark earnings

892

866

Benchmark earnings (owners of Experian plc)

886

866

Benchmark earnings (non-controlling interests)

6

-

Benchmark EPS (US cents)

98.0

94.4

Basic EPS (US cents) from continuing operations

76.9

85.4

Weighted average number of ordinary shares (million)

904

917

1. Results for 2018 are restated for IFRS 15, and the reclassification to exited business activities of certain B2B businesses.