Credit-reporting agency Experian sees growth across all regions

  • Experian reports pretax profit of $763 million for the first half, up from $517 million the previous year
  • Total revenue for the period was $3.42 billion, a 5% growth at constant exchange rates
  • Organic revenue growth for the half-year was also 5%
  • Experian confirms its organic revenue growth target of 4% to 6% at constant exchange rates
  • Interim dividend declared at 18.0 cents per share, up from 17.0 cents last year

Experian, the credit-reporting agency, has reported a strong first half performance with a rise in pretax profit and total revenue. The company posted a pretax profit of $763 million, up from $517 million the previous year, driven by growth across all regions. Total revenue for the period was $3.42 billion, representing a 5% growth at constant exchange rates. Experian also confirmed its organic revenue growth target of 4% to 6% at constant exchange rates. The company declared an interim dividend of 18.0 cents per share, up from 17.0 cents last year.

Factuality Level: 8
Factuality Justification: The article provides specific financial figures and statements from Experian’s CEO, which can be verified. The information is presented in a straightforward manner without any obvious bias or opinion.
Noise Level: 7
Noise Justification: The article provides information on Experian’s financial performance and growth across regions. However, it lacks in-depth analysis, evidence, or insights into the factors driving the growth or the potential risks and challenges the company may face. It mainly focuses on financial figures and statements without providing a broader context or implications of the results.
Financial Relevance: Yes
Financial Markets Impacted: Experian’s financial performance and guidance may impact investor sentiment and the credit-reporting industry.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article discusses Experian’s financial performance and guidance, which is relevant to financial markets and companies in the credit-reporting industry. There is no mention of any extreme events.
Public Companies: Experian (N/A)
Key People: Brian Cassin (Chief Executive)

Reported publicly: www.marketwatch.com