Standalone Experian Margins Growing

Summary


Credit information firm Experian Group met forecasts with a 16 per cent rise in first-half profit, as growing margins were partly offset by real-estate venture FARES, hit by a weaker US mortgage market.

In its first results since it was spun out of conglomerate GUS last month, Experian said it would continue to eye "complementary" acquisitions, keeping to a strategy which has seen it spend pounds 42 million in the first half, acquiring credit bureaux in Canada and Estonia and a bank account validation company.

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Extract


Standalone Experian Margins Growing

Experian, which collects and analyses credit and marketing data, said earnings before inte...

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