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Experian got to be high on the list for private equity groups (EXPN)     

GordonG - 20 Feb 2007 10:48

p/w of 10 with sales rising 20% YOY and turns around 80% of profit straight to cash worth 10 in my opinion thats why I bought it @ 550p the steal of the century ....

now out of its 90 day average heading toward 700p withing the month as understand the overhang of float shares out of the way

HARRYCAT - 16 Jul 2015 08:31 - 197 of 223

StockMarketWire.com
Global information services provider Experian reports an encouraging start to the year, with group organic revenue growth of 3%.

Chief executive Brian Cassin said: "We saw good progress in software and analytics, fraud and identity management, consumer and business information and continued improvement in Brazil. In North America, we've seen strength in Credit Services helped by growing contributions from healthcare and automotive.

"We're also making considerable progress in turning around Consumer Services as we build the Experian.com brand. Revenue from Experian.com was up 20% in the quarter, in response to our enhanced consumer proposition.

"Looking ahead, our full year expectations are unchanged. We continue to expect organic revenue growth to progress during the year as we focus on our growth initiatives and as declines moderate in North America Consumer Services in H2. While foreign exchange remains a headwind, we expect margins for the year to be stable and to deliver progress in Benchmark earnings per share, both at constant currency."

HARRYCAT - 05 Oct 2015 08:58 - 198 of 223

StockMarketWire.com
Experian North America has confirmed a server that contained data on behalf of one of its clients, T-Mobile USA Inc, has been breached.

The data included some personally identifiable information for approximately 15 million consumers in the US, including those who applied for T-Mobile USA postpaid services or device financing from 1 September 2013 to 16 September 2015.

This incident did not affect Experian's consumer credit database.

Experian says that upon discovery of the incident, it took immediate action, including securing the server, initiating a comprehensive investigation, and notifying US and international law enforcement. The data acquired included names, dates of birth, addresses, and Social Security numbers and/or an alternative form of ID such as a drivers' licence number, as well as additional information used in T-Mobile's own credit assessment.

No payment card or banking information was acquired.

Experian is notifying consumers that may be affected, and safeguarding their identity and personal information by offering two years of credit monitoring and identity resolution services through ProtectMyID.

Experian says that although there is no evidence to-date that the data has been used inappropriately, it strongly encourages affected consumers to enrol in the complimentary identity resolution services.

Affected consumers may enrol in free credit monitoring services at www.protectmyid.com/securityincident Experian North America chief executive Craig Boundy said: "We take privacy very seriously and we understand that this news is both stressful and frustrating. We sincerely apologise for the concern and stress that this event may cause.

"That is why we're taking steps to provide protection and support to those affected by this incident and will continue to coordinate with law enforcement during its investigation."

Consumers should note that under no circumstances will Experian or T-Mobile call or send a message and ask for personal information in connection with this incident.

It says customers may go to the website, but should not provide personal information to anyone who calls or sends a message about this incident.

HARRYCAT - 10 Nov 2015 08:33 - 199 of 223

StockMarketWire.com
Global information services company Experian saw good growth momentum in the six months to the end of September.

Total revenue from continuing activities was US$2,216m, up 4% at constant exchange rates, with organic revenue also up 4%. At actual exchange rates, total revenue from continuing activities fell by 6% reflecting foreign exchange headwinds during the period. Total revenue was US$2,239m.

Total EBIT from continuing activities was US$570m, up 3% at constant exchange rates. At actual exchange rates, total EBIT from continuing activities was down 8%. Total EBIT was US$576m.

Other highlights:

EBIT margin from continuing activities was stable at constant exchange rates. The impact of foreign exchange movements reduced EBIT margin at actual exchange rates by 60 basis points to 25.7%.

Benchmark profit before tax was US$541m, up 4% at constant exchange rates. Profit before tax was US$458m at actual exchange rates (2014: US$534m).

Operating cash flow conversion was 95%. Net debt increased by US$138m reflecting share purchases, with net debt to EBITDA now at 2.1 times.

Benchmark EPS was 42.0 US cents, up 5% at constant exchange rates and down 7% at actual exchange rates. Basic EPS was 34.3 US cents (2014: 41.8 US cents).

First interim dividend of 12.5 US cents per ordinary share, raised 2% to reflect the underlying strength of the business, notwithstanding the foreign exchange headwinds.

Share repurchase programme extended by US$200m.

Chief executive Brian Cassin said: "We are making substantial progress on our five strategic priorities. We've taken steps to focus the portfolio, the trend in organic revenue growth has improved and we are returning more capital to shareholders. We have seen particular strength in key parts of the business, such as Credit Services and Decision Analytics, while in other areas our recovery actions are gaining traction. With this progress on our strategic priorities we are creating a strong platform for delivering sustainable growth."

"As we look ahead for the full year, while foreign exchange will continue to be a headwind, at constant currency we expect organic revenue growth to be in the mid-single digit range, to deliver stable margins and to see further progress in Benchmark earnings per share."

Stan - 15 Jan 2016 08:11 - 200 of 223

Trading statement http://www.moneyam.com/action/news/showArticle?id=5193692

HARRYCAT - 19 Apr 2016 07:40 - 201 of 223

Chart.aspx?Provider=EODIntra&Code=EXPN&SStockMarketWire.com
Experian, the global information services company, has signed a definitive agreement to acquire CSIdentity Corporation, a leading provider of consumer identity management and fraud detection services.

The transaction is subject to Hart-Scott-Rodino regulatory approval in the US and other customary closing conditions. The purchase price is US$360m, payable in full at closing, which will be funded from Experian's existing committed bank facilities.

Chief executive Brian Cassin said: "The acquisition of CSID accelerates execution of our Consumer Services strategy and enables us to address a broader spectrum of the consumer market. By combining Experian and CSID capabilities, we will provide best-in-class products to give consumers greater control over their identity and credit information in one proposition. We look forward to welcoming the CSID team to Experian and building stronger and ever more compelling services which help consumers to protect, manage and make the most of their data. Following completion, we expect CSID to be immediately enhancing to Group earnings."

Chris Carson - 09 Jul 2016 21:02 - 202 of 223

Chart.aspx?Provider=EODIntra&Code=EXPN&S


Another stock reporting Thursday,this one is a beast, I wonder just how much more upside there is left, but back inside Bollinger Band, lower indicators well over bought and miles above moving averages. On watch list for Monday for a possible pull back.

Chris Carson - 09 Jul 2016 21:04 - 203 of 223

LATEST BROKER VIEWS

Date Broker New target Recomm.
4 Jul Exane BNP... 1,380.00 Neutral
4 Jul Credit Suisse 1,505.00 Outperform
23 Jun Barclays... 1,350.00 Overweight
20 Jun Exane BNP... 1,380.00 Outperform
13 Jun Exane BNP... 1,380.00 Outperform
9 Jun Jefferies... 1,500.00 Buy
13 May Barclays... 1,350.00 Overweight
13 May Credit Suisse N/A Outperform
12 May Barclays... 1,350.00 Overweight
12 May Beaufort... N/A Buy
Broker Recommendations for Experian

HARRYCAT - 12 Jul 2016 08:26 - 204 of 223

Deutsche Bank today reaffirms its buy investment rating on Experian PLC (LON:EXPN) and raised its price target to 1540p (from 1315p).

Barclays Capital today reaffirms its overweight investment rating on Experian PLC (LON:EXPN) and raised its price target to 1550p (from 1350p).

Chris Carson - 12 Jul 2016 15:08 - 205 of 223

The beast isn't dead yet!

HARRYCAT - 14 Jul 2016 09:17 - 206 of 223

StockMarketWire.com
Experian (EXPN) delivered 5% organic revenue growth in the first quarter.

CEO Brian Cassin said: "We delivered organic revenue growth in Q1 of 5%. Notably, Credit Services and Decision Analytics have continued to grow strongly, reflecting strength in our core markets.

"In Consumer Services, we continue to execute on our strategy to diversify our business model and engage consumers through a full range of free and paid-for products.

"We are closely monitoring the possible implications of a UK exit from the European Union.

"While there is uncertainty as to how and when any exit will take effect, we continue to run our business as usual, and we have seen no significant adverse impact to trading in our UK business.

"As a global business with a diverse portfolio, we have a good track record of adapting to changing market conditions.

"Looking ahead, our guidance for the full year is unchanged. At a group level and at constant currencies, we expect organic revenue growth in the mid single-digit range and to deliver stable margins as we invest for growth. We also continue to expect further progress in Benchmark earnings per share.

"There continues to be considerable fluctuation in currency exchange rates and in the quarter sterling weakened and the Brazilian real strengthened, both relative to our reporting currency of the US dollar.

"If current exchange rates prevail through to the end of the year, we would expect a headwind to EBIT of approximately 1%, weighted to the first half."

HARRYCAT - 09 Nov 2016 07:23 - 207 of 223

StockMarketWire.com
Experian, the global information services company, reports 5% organic revenue growth in the six months to the end of September, in line with its target range.

Benchmark revenues were up 5% at $2,236m while EBIT and pr-tax profits were both up 2% at $574m and $539m respectively.

On a statutory basis, revenues were virtually flat - $2,236m compared with $2,239m last time - while operating profits fell 8% to $510m and pre-tax profits rose by 14% to $520m.

Chief executive Brian Cassin said: "We have started the year well, delivering good growth with particular strength in our core Credit Services and Decision Analytics businesses. Our investments in innovation and new product development are beginning to benefit clients and consumers across our businesses, and provide a strong base for sustainable growth. "A key part of our strategy over the past two years has been to deliver sustained growth, optimise use of capital and to focus the Experian portfolio, a process which has resulted in a number of divestments and enhanced returns to shareholders. Following a review of strategic options, we are today announcing commencement of a divestment process for the email/cross-channel marketing business. "Looking ahead, at a Group level and at constant currencies, we expect organic revenue growth in the mid-single digit range and to deliver stable margins as we invest for growth. We also continue to expect further progress in Benchmark earnings per share."

HARRYCAT - 20 Jan 2017 09:16 - 208 of 223

Credit Suisse today reaffirms its outperform investment rating on Experian PLC (LON:EXPN) and raised its price target to 1630p (from 1505p).

Citigroup today reaffirms its buy investment rating on Experian PLC (LON:EXPN) and set its price target at 1770p

HARRYCAT - 18 May 2017 11:26 - 209 of 223

Preliminary results for the year ended 31 March 2017
7am, 18 May 2017 ─ Experian plc, the global information services company, today issues its financial results for the year ended 31 March 2017.

General highlights - Ongoing operations (excluding CCM discontinued operations)
· 6% total revenue growth, 5% organic revenue growth at constant currency, consistent with our target range.
· On an ongoing activities basis Benchmark EBIT margin was up 60 basis points to 27.7%1, up 30 basis points at constant currency and Benchmark EBIT growth was 7% at constant currency.
· Strategy translating into results; significant growth opportunities emerging over the medium term.
· Strong growth across the B2B areas of Credit Services, Decision Analytics and Marketing Services.
· Growth across all regions, with particular strength in Latin America and EMEA/Asia Pacific.
· Considerable progress made towards repositioning Consumer Services, now securing millions of free members to engage with new offers.
· Portfolio focus further sharpened, following agreement to sell the email/cross channel marketing business.
· Continuing strong commitment to shareholder returns:
· Over US$700m returned to shareholders in the year via dividend and share repurchases.
· Second interim dividend up 4% to 28.5 US cents per ordinary share; total dividend for FY17 up 4% to 41.5 US cents per share.
· Share repurchase programme of US$600m to be executed during FY18.

Brian Cassin, Chief Executive Officer, commented:
"It has been a good year for Experian. We have made considerable progress strategically, operationally and financially. Our portfolio is sharper and we are continuing to invest to drive growth through innovative products and new services. We have also returned significant capital to our shareholders.

"As we look ahead, our sector is vibrant. Clients are seeking new ways to combine and analyse vast quantities of data to drive better business outcomes and consumers want to better understand and protect their financial status. This plays to our core strengths and is opening up many new opportunities for Experian. Over the next 12-18 months we will continue to innovate and are introducing a wave of new products to bring fresh thinking and new services to meet this demand.

"As we look ahead, we expect to sustain good momentum in our financial performance and we anticipate another year of good growth, within our target mid single-digit organic revenue growth range, with stable margins and further progress in Benchmark earnings per share."

HARRYCAT - 26 May 2017 13:12 - 210 of 223

Jefferies note today:
"We believe the current valuation does not factor in likely slowing US employment growth, consumer deleveraging and structural pressure on the Consumer Services divisional margin. Sell.
Experian trades at an all-time high fwd 12m P/E multiple and yet we believe the outlook for top line growth and margin is weakening. US consumer credit growth is a function of employment and we believe employment growth will slow in 17e into 18e. At the same time we expect the US consumer will have to de-lever which will further limit growth. A lack of operational gearing in the US business may hold back growth investment or the company. At the same time we see Group margin risk largely due to Consumer Services. We are cutting our Mar 18e EPS by 7% and Mar 19e EPS by 6%. This reflects lower organic assumptions, the sale of email/CCM and the announced share buyback. We reduce our target price to 1460p.
Our target price is DCF derived using a 7.2% WACC derived from a 4% risk free rate, 4% equity risk premium and 1.0x beta. Upside risks to our negative stance include better GDP growth and greater consumer leverage than we forecast especially in the US, UK & Brazil, margin upside from mix benefits, operational gearing and productivity measures and higher organic growth from new product launches. Lower US corporate tax rates and M&A are also sources of upside risk."

HARRYCAT - 18 Jul 2017 09:48 - 211 of 223

StockMarketWire.com
Experian, the global information services company, has started the year in line with its expectations, with total revenue growth of 6% and organic revenue growth of 4%.

Chief executive Brian Cassin said: "Our business-to-business services have performed well, with 7% organic growth and good performances across all regions, demonstrating the breadth of our business as well as successful investment in new product innovation, helping our clients apply more data and analytics to drive better business outcomes.

"We are also taking important steps to reposition Consumer Services as we introduced two new services in the US, and over the coming months we will continue our efforts to build up scale in these new initiatives through greater education of and engagement with consumers.

"As we look ahead, we continue to expect growth for the year to be within our target mid single-digit organic revenue range, with stable margins and further progress in Benchmark earnings per share."

HARRYCAT - 11 Oct 2017 09:49 - 212 of 223

Macquarie today reaffirms its outperform investment rating on Experian PLC (LON:EXPN) and raised its price target to 1900p (from 1870p).

HARRYCAT - 09 Nov 2017 11:17 - 213 of 223

Goldman Sachs today reaffirms its buy investment rating on Experian PLC (LON:EXPN) and cut its price target to 1920p (from 1950p).

HARRYCAT - 15 Mar 2018 10:06 - 214 of 223

Experian agrees to acquire ClearScore
9.30am, 15 March 2018 - Experian, the global information services company, is pleased to announce that it has agreed to acquire ClearScore. ClearScore is an innovative UK consumer organisation that matches individuals to personal financial products, offering free credit reports, scores and personal financial education, both online and through mobile devices.

Brian Cassin, Chief Executive Officer of Experian said:
"In acquiring ClearScore, we will take another important step in our strategy to extend the services we provide to UK consumers. Our goal is to provide more choice and greater convenience to individuals who want access to personal financial products at the best prices, while also making it easier for credit providers to offer better, more tailored offers to consumers. We look forward to welcoming the ClearScore team to Experian and to including the ClearScore brand as part of our broader offer."

ClearScore provides free access to credit reports and scores and introduces consumers to personal financial products and offers which are best suited to their individual circumstances. These include offers for credit cards, loans, mortgages, car loans and other services. To date, ClearScore has enrolled over 6 million members in the UK through its free membership model.

The UK market for introducing consumers to financial products is large and is growing rapidly. Spend is also shifting rapidly to online channels as a more accessible and effective way to present offers to people seeking credit. Experian is uniquely placed for this evolution, with its best-in-class data, scores and analytics, which are used to determine a consumer's eligibility and ability to afford a loan.

The acquisition of ClearScore will combine two well-known, high growth UK consumer brands, both of which will be retained. It will also bring together two businesses with complementary assets and skills to improve outcomes for consumers. We expect ClearScore to benefit from Experian's broad data assets, analytical capabilities and distribution, while Experian will benefit from ClearScore's skill in developing services which are appealing and easy to use, as well as an agile culture accomplished at keeping its membership engaged. In addition, ClearScore will help to accelerate our ambitions to provide services to consumers internationally, having recently launched a service in South Africa.

Financials
The purchase price is GBP£275m (US$385m)*, with an additional earnout potential contingent on achieving future financial performance. The transaction is subject to regulatory approval by the Competition & Markets Authority and the Financial Conduct Authority, as well as other customary closing conditions, and will be funded from Experian's existing committed bank facilities. It is expected to close later in 2018 and to be accretive to Benchmark earnings in the first full fiscal year of ownership.

Chris Carson - 15 Mar 2018 10:33 - 215 of 223

Chart looking good Harry, they could be in demand re interest rises, people remortgaging etc.

HARRYCAT - 11 May 2018 09:45 - 216 of 223

JP Morgan Cazenove today reaffirms its overweight investment rating on Experian PLC (LON:EXPN) and raised its price target to 1900p (from 1785p).
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