Experian Fiscal Year 2022 Pretax Profit Rose; Raises Dividend

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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