- Company boosts half-year dividend by 10 per cent
- Consumer services division reports 27 per cent revenue growth
Experian (EXPN) has raised its guidance after a strong six months, in which companies invested in their digital infrastructure and demand for fraud protection and credit checking grew.
The data services specialist has reported a 23 per cent rise in revenue and a 29 per cent rise in operating profit for the six months ended 30 September. Management now predicts that organic revenue growth for 2022 will be between 11-13 per cent for the full year, up from original predictions of 9-11 per cent. The company also expects "strong margin progression" and for acquisitions to make a 4 per cent contribution to growth – slightly higher than originally forecast.