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Investing.com -- Experian PLC (LON:EXPN) on Wednesday reported strong first-half results with 12% revenue growth and expanded margins, driven by AI-powered innovations and deeper consumer relationships.
The global data and technology company saw organic revenue growth of 8% for the six months ended September 30, with total revenue reaching $4.06 billion, up 13% at actual exchange rates. Benchmark EBIT increased 14% to $1.15 billion, with margins improving by 50 basis points at constant exchange rates.
Consumer Services organic revenue grew 9%, supported by expansion to over 208 million free members globally. Business-to-Business organic revenue increased 8%, with strong performance across data, analytics, mortgage services and vertical markets.
All regions contributed to growth, with North America leading at 10% organic growth, followed by EMEA/Asia Pacific at 6%, Latin America at 4%, and UK/Ireland at 1%.
Benchmark earnings per share rose 12% to 85.0 US cents, while statutory profit before tax jumped 36% to $975 million. The company announced a first interim dividend of 21.25 US cents per share, up 10% from the previous year.
"We delivered strong growth in revenue, earnings and cash flow in H1 as we continued to build momentum in our business," said Brian Cassin, Chief Executive Officer. "We have enhanced our product platforms, deepened consumer relationships and transformed customer experiences through AI-driven automation."
Based on the strong performance, Experian raised its full-year guidance, now expecting total revenue growth of 11% with organic revenue growth of 8%, at the top end of its prior guidance range.
The company completed strategic acquisitions during the period, including Clear Sale S.A. in Brazil, enhancing its fraud prevention capabilities. Following the end of the first half, Experian also acquired KYC360 in the UK and Ireland to strengthen its financial crime compliance offerings.