Experian posted healthy H1 16 results with an acceleration in organic growth rate to 4% (vs. 1% in FY15); however at actual FX, revenue was down 6% to $2,239m. Organic growth was driven by strong momentum across Credit (+7% organically) and Decision analytics services (+10% organically), which benefited from a robust lending environment, strong performance of healthcare services and healthy take up of integrated DA offerings across geographies. The LatAm business also remained resilient and m
19 Nov 2015
Strong organic growth and consumer services recovery cushions FX burden
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Strong organic growth and consumer services recovery cushions FX burden
Experian PLC (EXPN:LON) | 3,211 -256.9 (-0.2%) | Mkt Cap: 29,494m
- Published:
19 Nov 2015 -
Author:
Vibha Issar -
Pages:
3
Experian posted healthy H1 16 results with an acceleration in organic growth rate to 4% (vs. 1% in FY15); however at actual FX, revenue was down 6% to $2,239m. Organic growth was driven by strong momentum across Credit (+7% organically) and Decision analytics services (+10% organically), which benefited from a robust lending environment, strong performance of healthcare services and healthy take up of integrated DA offerings across geographies. The LatAm business also remained resilient and m