Experian (LSE:EXPN) PLC reported solid growth in the first half led by Latin America and a “good” performance in North America.
Brian Cassin, chief executive officer, said: “We delivered good growth in H1. We grew in every region and across both B2B and Consumer Services.”
The credit scoring company said in the six months ended 30 September, benchmark revenue in ongoing activities rose 6% to US$3.41 billion from US$3.22 billion while EPS climbed 8% to 70.4 cents from 65.4 cents.
Statutory pre-tax profit increased 48% to US$763 million due to revenue growth and reduced non-benchmark costs.
The firm said organic revenue growth was 5% in the second quarter, unchanged from the first quarter.
Consumer Services organic revenue rose 6%, now serving 178 million free members, up 21 million year-on-year.
B2B organic revenue growth was 4% with new product performance and successful new business development driving growth.
Experian (LSE:EXPN) said all regions contributed positively with double-digit growth in Latin America, a good performance in North America, improvement in EMEA and Asia Pacific, and resilient growth in UK and Ireland.
The dividend was increased 6% to 18.0 cents per share.