Experian clocked strong organic revenue growth in FY19/20 (although the profitability target missed a tad). However, as expected, moving into the first full month of the COVID-19 crisis, its top-line slipped into negative territory – challenges are likely to persist at least during Q1 FY20/21 (ending in June 2020). Still, the company’s relatively stronger show (vs its competitors) and robust balance sheet are encouraging.
21 May 2020
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Resilient North America provides Experian confidence
Experian PLC (EXPN:LON) | 3,155 -1609.1 (-1.6%) | Mkt Cap: 28,979m
- Published:
21 May 2020 -
Author:
Mohit Rathi -
Pages:
3
Experian clocked strong organic revenue growth in FY19/20 (although the profitability target missed a tad). However, as expected, moving into the first full month of the COVID-19 crisis, its top-line slipped into negative territory – challenges are likely to persist at least during Q1 FY20/21 (ending in June 2020). Still, the company’s relatively stronger show (vs its competitors) and robust balance sheet are encouraging.