# Experian Strong FY20 financial performance with organic revenue growth of 8% - Link: https://www.directorstalkinterviews.com/experian-strong-fy20-financial-performance-with-organic-revenue-growth-of-8/412823559 - Published: 2020-05-20T07:20:15+01:00 - Author: Amilia Stone **[Experian plc](https://www.directorstalkinterviews.com/ftse-company/experian-plc/expn.l)**( LON:EXPN), the global information services company, today issued its financial report for the year ended 31 March 2020. > **Brian Cassin, Chief Executive Officer, commented:** > “The past year was a strong one for Experian. We delivered organic revenue growth > at the top end of our revenue guidance range and finished the year strongly in > Q4. The COVID-19 crisis began to escalate late into our financial year with limited > financial impact in FY20. We took swift action across our business in response > to the unfolding crisis. We have operations in 45 countries and numerous industry > segments, including in many of the societies hardest hit by the pandemic. Our > priorities have been to protect our people, to secure our business financially > and operationally, to focus on how we can help the millions of consumers who are > financially affected, as well as to assist governments and our clients as they > respond to the crisis. > “The vast majority of our employees are working from home and our operations continue > to function smoothly. Our business is strongly cash generative and we have a robust > balance sheet and funding liquidity. While we continue to assess the impact of > the crisis on our markets, and we expect near-term revenue to be affected, the > nature of our business means we have a degree of resilience. We are taking mitigating > cost actions in the short term, but we are also positioning ourselves to emerge > strongly by continuing to invest in our people and growth initiatives. > “The COVID-19 pandemic has highlighted the fundamental importance of data as we > tackle this unprecedented challenge. We are proud of the way our people and business > have stepped up to provide broader help in this time of crisis. We have a role > to play in helping societies recover, and we are leading the way in providing > education, advice and free tools to consumers as well as significant and valuable > help to governments across the world. We are confident that, once the crisis abates, > we will be well placed to continue to deliver on our growth agenda. Accordingly, > we have held our second interim dividend level at 32.5 cents per share.” **Benchmark and Statutory financial highlights** |   | 2020 US$m | 2019US$m | Actual rates growth % | Constant rates growth % | Organic growth %^(2) | | **Benchmark¹** |   |   |   |   |   | | **Revenue – ongoing activities** | 5,179 | 4,855 | 7 | 9 | 8 | | **Revenue** | 5,179 | 4,861 | 7 | 9 | n/a | | **Benchmark EBIT – ongoing activities^(3)** | 1,387 | 1,306 | 6 | 9 | n/a | | **Total Benchmark EBIT** | 1,387 | 1,311 | 6 | 9 | n/a | | **Benchmark EPS** | USc 103.0 | USc 98.0 | 5 | 8 | n/a | | **Statutory** |   |   |   |   |   | | **Revenue** | 5,179 | 4,861 | 7 | 9 | n/a | | **Operating profit** | 1,185 | 1,162 | 2 | 5 | n/a | | **Profit before tax** | 942 | 957 | (2) | 5 | n/a | | **Basic EPS** | USc 74.8 | USc 76.9 | (3) | 6 | n/a | | **Total dividend** | USc 47.0 | USc 46.5 | 1 | n/a | n/a | _1 See Appendix 1 (page 13) and note 5 to the financial statements (pages 23-25) for definitions of non-GAAP measures._ _2 Organic revenue growth at constant currency._ _3 See page 14 for reconciliation of Benchmark EBIT from ongoing activities to Profit before tax._ ·      **Strong FY20 financial performance.** * Full year organic revenue growth of 8%, with Q4 organic revenue growth of 10%. * Full year organic revenue growth in B2B and Consumer Services of 7% and 10% respectively. * Full year regional organic growth rates of 11% in North America, 13% in Latin America, (2%) in UK and Ireland and (3%) in EMEA/Asia Pacific. * Q4 regional organic growth rates of 13% in North America, 12% in Latin America,( 5%) in UK and Ireland and 7% in EMEA/Asia Pacific. * Q4 organic revenue growth in Business-to-Business (B2B) and Consumer Services of 9% and 11% respectively. * Benchmark EBIT (ongoing activities) growth at constant exchange rates of 9%. * Benchmark EBIT margin of 26.8%. * Benchmark EPS growth of 8% at constant rates and basic EPS growth of (3%) at actual exchange rates. ·      **Strategic highlights** * A strong year for new product innovation with a focus on scaling new B2B platforms: Ascend, Experian One, Open Data and CrossCore all progressed in the year. * Brazil grew strongly. Positive data now launched. * Consumer Services’ diversification and expansion gathered momentum with millions of new free memberships taking the total to 82m. Significant progress in Experian Boost – unique account connections of 3m US consumers. Latin America Consumer Services revenue now material with momentum. * Further strategic progress with US$700m investment in acquisitions, including Compuscan. After the year end we agreed to acquire a majority stake in Germany’s second largest credit bureau. ·      **Continuing commitment to shareholder returns and disciplined capital allocation.** * Second interim dividend of 32.5 US cents per ordinary share, unchanged year-on- year, to bring the total for FY20 to 47.0 US cents per share. * Completed US$189m of the net share repurchase programme. Programme suspended since March 2020. Share on: