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EXPN Experian Plc

3,398.00
-3.00 (-0.09%)
09 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Experian Plc LSE:EXPN London Ordinary Share GB00B19NLV48 ORD USD0.10
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -3.00 -0.09% 3,398.00 3,407.00 3,409.00 3,417.00 3,382.00 3,396.00 727,217 16:35:18
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Services, Nec 6.62B 770M 0.7921 43.02 33.13B

Experian 3Q Organic Revenue +4%, Keeps FY17 Targets

18/01/2017 7:50am

Dow Jones News


Experian (LSE:EXPN)
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From May 2019 to May 2024

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By Razak Musah Baba

 

LONDON--Experian PLC (EXPN.LN) Wednesday maintained its expectations for 2017 as it recorded a 4% growth in third-quarter organic revenue.

The credit-checking company said in the three months ended Dec. 31, total revenue growth from ongoing activities was 6% at constant exchange rates. Experian said at actual exchange rates, total revenue growth from ongoing activities was 4% due to weakness in sterling more than offsetting the improvement in the Brazilian real.

If current exchange rates prevail through to the end of the year, Experian said it would expect a resulting headwind to Benchmark earnings before interest and tax or Ebit of 1% for the full year.

"Looking ahead, our guidance for the full year is unchanged. At a group level and at constant currencies, we expect organic revenue growth in the mid-single digit range, to deliver stable margins while investing for growth, and further progress in benchmark earnings per share," Chief Executive Brian Cassin said.

 

Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet

 

(END) Dow Jones Newswires

January 18, 2017 02:35 ET (07:35 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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