Belfast Telegraph

Credit check group enjoys revenue rise

By Kalyeena Makortoff

Credit checking group Experian has reported a 5% jump in half-year revenues, having seen a customer windfall in the wake of the Equifax data breach, but warned that tighter regulations could follow.

The firm said it had a "good start" to its financial year, booking revenues of $2.19bn (£1.66bn) for the six months to September 30, while operating profit rose 6% to $518m (£393m). On a statutory basis, pre-tax profit fell 7% to $467m (£355m). It noted "strong" growth in its business-to-business activities and "good progress" in consumer services.

The Equifax hack resulted in new customers for Experian.

Belfast Telegraph

Weekly Business Digest Newsletter

This week's business news headlines, directly to your inbox every Tuesday.

Popular