Experian performed strongly in Q2 FY20/21 (+5% yoy organic revenue; at top-end of management’s guidance), on the back of the sustained robust momentum in the US mortgage activity and consumer services (in North and Latin America). Group overheads were also well managed, leading to just an 80bp dip in the H1 FY20/21 underlying EBIT margin. As the H2 FY20/21 top-line performance is likely to be relatively better and cost avoidance measures are expected to prevail, we will revise our estimates upwa ....
18 Nov 2020
Healthy H1 FY20/21 performance; momentum to sustain during Q3 FY20/21
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Healthy H1 FY20/21 performance; momentum to sustain during Q3 FY20/21
Experian PLC (EXPN:LON) | 3,224 -1193.1 (-1.1%) | Mkt Cap: 29,616m
- Published:
18 Nov 2020 -
Author:
Mohit Rathi -
Pages:
3
Experian performed strongly in Q2 FY20/21 (+5% yoy organic revenue; at top-end of management’s guidance), on the back of the sustained robust momentum in the US mortgage activity and consumer services (in North and Latin America). Group overheads were also well managed, leading to just an 80bp dip in the H1 FY20/21 underlying EBIT margin. As the H2 FY20/21 top-line performance is likely to be relatively better and cost avoidance measures are expected to prevail, we will revise our estimates upwa ....