Updates

Experian - Shrugs off slowing US economy

July 2007

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Shares in credit information provider Experian jumped towards the top of their trading range after the company announced forecast beating results. For the year ended 31 March, turnover increased 14% at constant exchange rates to US$3.4bn, while operating profit was up 16% to US$825m (US$10m above forecasts), helped by a 0.8% rise in operating margins to 21.8%.Experian’s largest business, Credit Services (52% profit before central costs), which provides information on consumer and business credit histories to help finance providers determine whether they are good for paying back their debts, grew profit by 8% to US$482m. This came through improvements in acquiring new customers, while existing clients have also spent more in ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Southern Cross

Speedy Hire - Acquires leading rival

Experian - Very strong franchise in credit referencing industry (March 2013)

Experian - Falls through stop-loss (December 2007)

Experian - Buys credit bureau in Brazil (August 2007)

Experian (May 2007)

Experian - "Best of breed" provider of credit information (February 2007)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X