B2B was strong (c.80% of group revenue) but B2C business remained weak. We reiterate our earlier position of a gradual softness in the US economy. We also do not see any long-term benefits from the Equifax fiasco considering a history of customer stickiness (lack of substitutes/limited number of reputed players in the credit scoring business). Although the B2C business is estimated to benefit from a series of small but key steps, it will not return to the black anytime soon. No change in stoc
27 Dec 2017
Strong B2B performance; B2C remains a problem child
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Strong B2B performance; B2C remains a problem child
Experian PLC (EXPN:LON) | 3,468 -138.7 (-0.1%) | Mkt Cap: 31,871m
- Published:
27 Dec 2017 -
Author:
Ankush Kathuria -
Pages:
4
B2B was strong (c.80% of group revenue) but B2C business remained weak. We reiterate our earlier position of a gradual softness in the US economy. We also do not see any long-term benefits from the Equifax fiasco considering a history of customer stickiness (lack of substitutes/limited number of reputed players in the credit scoring business). Although the B2C business is estimated to benefit from a series of small but key steps, it will not return to the black anytime soon. No change in stoc