Experian (EXPN)

Sector:

Support

Index:

FTSE 100

3,693.00p
   
  • Change Today:
      10.00p
  • 52 Week High: 4,007.00
  • 52 Week Low: 3,091.00
  • Currency: UK Pounds
  • Shares Issued: 918.17m
  • Volume: 3,443,568
  • Market Cap: £33,908m
  • RiskGrade: 148
  • Beta: 0.01

Experian posts steady first-half growth

By Josh White

Date: Wednesday 13 Nov 2024

LONDON (ShareCast) - (Sharecast News) - Experian reported steady first-half growth on Wednesday, driven by a strong performance across its regional markets and business segments.
The FTSE 100 company posted a 6% increase in revenue from ongoing activities to $3.62bn, alongside an 8% rise in benchmark EBIT to $1.01bn.

Benchmark earnings per share rose 8% to 76 cents.

All regions contributed positively, with organic revenue growth of 7% in North America, Latin America, EMEA, and Asia-Pacific.

In the UK and Ireland, organic revenue grew 2%.

Consumer services saw a robust 9% organic revenue growth, supported by a rising membership base of over 190 million free members and expanded consumer engagement.

Meanwhile, B2B revenue increased 6%, boosted by growth in analytics, mortgage services, and North American verticals.

Experian said its benchmark EBIT margin rose 60 basis points to 28%, reflecting operational efficiency gains.

The company reported $707m in benchmark operating cash flow, translating to a 71% cash conversion rate, typical of its seasonally-weaker half.

Net debt-to-benchmark EBITDA stood at 2x.

Statutory profit before tax declined 6% to $718m, mainly due to non-cash fluctuations in interest rate swaps.

Basic earnings per share also dropped, by 3% to 60.2 cents.

The firm declared a first interim dividend of 19.25 cents per share, a 7% increase, reflecting its confidence in ongoing strategic initiatives and growth potential.

"We delivered good growth in the first half," said chief executive officer Brian Cassin.

"We continue to execute successfully on our growth strategy to introduce new products, deploy advanced analytics and scale our leading platforms.

"At constant currency and from ongoing activities, revenue was up 7%, benchmark EBIT increased 10%, and benchmark EBIT margin was up by 60 basis points."

Cassin noted that currency was a 1% headwind to revenue and total benchmark EBIT, adding that benchmark earnings per share increased 8% at actual exchange rates.

"For the 2025 financial year, we continue to expect organic revenue growth in the range of 6% to 8%.

"Based on our progress, we are raising our margin outlook, and now expect margin accretion to be towards the upper end of our +30 to +50 basis points guidance range.

"All measures are at constant exchange rates and on an ongoing basis."

At 0846 GMT, shares in Experian were down 1.79% at 3.793p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Experian Market Data

Currency UK Pounds
Share Price 3,693.00p
Change Today 10.00p
% Change 0.27 %
52 Week High 4,007.00
52 Week Low 3,091.00
Volume 3,443,568
Shares Issued 918.17m
Market Cap £33,908m
Beta 0.01
RiskGrade 148

Experian Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
90.48% below the market average90.48% below the market average90.48% below the market average90.48% below the market average90.48% below the market average
88.89% below the sector average88.89% below the sector average88.89% below the sector average88.89% below the sector average88.89% below the sector average
Price Trend
36.52% above the market average36.52% above the market average36.52% above the market average36.52% above the market average36.52% above the market average
56.70% above the sector average56.70% above the sector average56.70% above the sector average56.70% above the sector average56.70% above the sector average
Income
72.33% below the market average72.33% below the market average72.33% below the market average72.33% below the market average72.33% below the market average
86.44% below the sector average86.44% below the sector average86.44% below the sector average86.44% below the sector average86.44% below the sector average
Growth
2.59% below the market average2.59% below the market average2.59% below the market average2.59% below the market average2.59% below the market average
23.91% above the sector average23.91% above the sector average23.91% above the sector average23.91% above the sector average23.91% above the sector average

What The Brokers Say

Strong Buy 5
Buy 8
Neutral 4
Sell 1
Strong Sell 0
Total 18
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Experian Dividends

  Latest Previous
  2nd Interim Interim
Ex-Div 19-Jun-25 09-Jan-25
Paid 18-Jul-25 07-Feb-25
Amount 43.25¢ 19.25¢

Trades for 30-May-2025

Time Volume / Share Price
16:52 11,950 @ 3,680.25p
16:47 20,161 @ 3,690.56p
16:42 259 @ 3,693.15p
16:42 3 @ 3,692.85p
16:42 22 @ 3,692.85p

Experian Key Personnel

CEO Brian Cassin
CFO Lloyd Pitchford
Chair Mike Rogers

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