Experian Fiscal Year 2022 Pretax Profit Rose; Raises Dividend
May 18 2022 - 2:54AM
Dow Jones News
By Michael Susin
Experian PLC on Wednesday reported a rise in pretax profit in
fiscal 2022 driven by strength in organic revenue across North and
South America, the U.K. and Ireland, and raised its dividend
payout.
The consumer-credit reporting company posted a pretax profit for
the year ended March 31 of $1.45 billion, compared with $1.08
billion a year earlier.
The FTSE 100-listed company said revenue rose to $6.29 billion
from $5.37 billion.
The company said expects organic revenue growth in the range of
7% to 9% for fiscal 2023.
"While we are closely monitoring the global macroeconomic
trends, we are confident in our strong track record of robust and
resilient performance," the company said.
The board has declared a second interim dividend of 35.75 U.S.
cents a share, bringing the total dividend to 51.75 cents, up from
47.0 cents a year earlier, it said.
Write to Michael Susin at michael.susin@wsj.com
(END) Dow Jones Newswires
May 18, 2022 02:39 ET (06:39 GMT)
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