Experian's Q1 Results: 12% Revenue Growth & Strategic Acquisitions

Experians first half of fiscal year results showcase impressive growth, with a 12% increase in revenue and improved profit margins. This success is attributed to AI integration and stronger customer connections, leading to a 13% rise in total revenue. Consumer services saw a 9% organic revenue growth, now serving over 208 million free members. The business-to-business segment also thrived, growing by 8%. All regions contributed positively, with North America leading the way. Experians earnings per share climbed by 12%, and statutory profit before tax saw a 36% jump. The company declared a 10% increase in first interim dividend and raised full-year guidance to 11% revenue growth. Strategic acquisitions, including Clear Sale in Brazil and KYC three sixty in the UK and Ireland, signal continued expansion and innovation.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.