7am, 16 November 2022 ─ Experian plc, the global information services company, today issues its financial report for the six months ended 30 September 2022.
Brian Cassin, Chief Executive Officer, commented:
“We delivered another strong performance in H1 driven by new products, new business wins and consumer expansion. Total revenue growth from ongoing activities was 7% at actual exchange rates and 9% at constant exchange rates. Organic revenue growth was 8%. While we expect economic conditions to be tougher over the balance of the year, and face some stronger comparables in Q3, our full year expectations are unchanged. We expect organic revenue growth of between 7-9%, total revenue growth of between 8-10% and modest margin accretion, all at constant exchange rates and on an ongoing basis.
“With many households and businesses facing a difficult period of rising costs in the coming months, we will also continue to push ahead with our mission to help millions of people improve their financial health and save money.”
|
2022 |
2021 |
Actual rates growth % |
Constant rates growth % |
Organic growth %2 |
Benchmark¹ |
|
|
|
|
|
Revenue – ongoing activities3 |
3,233 |
3,026 |
7 |
9 |
8 |
Benchmark EBIT – ongoing activities3,4 |
881 |
813 |
8 |
8 |
n/a |
Total Benchmark EBIT |
873 |
806 |
8 |
8 |
n/a |
Benchmark EPS |
USc 65.4 |
USc 61.7 |
6 |
6 |
n/a |
Statutory |
|
|
|
|
|
Revenue |
3,247 |
3,061 |
6 |
n/a |
n/a |
Operating profit |
513 |
702 |
(27) |
n/a |
n/a |
Profit before tax |
517 |
654 |
(21) |
n/a |
n/a |
Basic EPS |
USc 33.5 |
USc 56.5 |
(41) |
n/a |
n/a |
First interim dividend |
USc 17.0 |
USc 16.0 |
6 |
n/a |
n/a |
View the full press release in PDF format.
Experian
Nadia Ridout-Jamieson Investor queries +44 (0)20 3042 4200
Gerry Tschopp Media queries
Tulchan
Graeme Wilson, Louise Male and Guy Bates +44 (0)20 7353 4200
There will be a presentation today at 9.30am (UK time) to analysts and investors via conference call. To view the slides and listen in online please go to www.experianplc.com for the link.
Experian will update on third quarter trading for FY23 on 17 January 2023.
Roundings
Certain financial data has been rounded within this announcement. As a result of this rounding, the totals of data presented may vary slightly from the actual arithmetic totals of such data.
Forward-looking statements
Certain statements made in this announcement are forward-looking statements. Such statements are based on current expectations and are subject to a number of risks and uncertainties that could cause actual events or results to differ materially from any expected future events or results referred to in these forward-looking statements. See the risk section on page 14 and note 26 for further information on risks and uncertainties facing Experian.
Company website
Neither the content of the Company’s website, nor the content of any website accessible from hyperlinks on the Company’s website (or any other website), is incorporated into, or forms part of, this announcement.
About Experian
Experian is the world’s leading global information services company. During life’s big moments – from buying a home or a car, to sending a child to college, to growing a business by connecting with new customers – we empower consumers and our clients to manage their data with confidence. We help individuals to take financial control and access financial services, businesses to make smarter decisions and thrive, lenders to lend more responsibly, and organisations to prevent identity fraud and crime.
We have 21,700 people operating across 30 countries and every day we’re investing in new technologies, talented people, and innovation to help all our clients maximise every opportunity. We are listed on the London Stock Exchange (EXPN) and are a constituent of the FTSE 100 Index.
Learn more at www.experianplc.com or visit our global content hub at our global news blog for the latest news and insights from the Group.