Experian 2008 Annual Report Download - page 5

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Business review
6 – 37
Governance
38 – 64
Financial statements
65 – 144
Introduction
Chairman’s statement/Highlights
Introduction
Chairman’s statement/Highlights
Highlights
Revenue from
continuing activities
up 14% at constant
exchange rates to
US$4.1bn. Organic
revenue growth of 4%.
Total EBIT growth of
15% at actual exchange
rates to US$945m.
Continuing EBIT up
13% at constant
exchange rates.
EBIT margin of 21.8%
from continuing
activities, excluding
FARES contribution, in
line with prior year.
Profit before tax of
US$549m.
Experian’s performance this year
is undoubtedly testimony to the
underlying strength of the business
and to our continued investment
in our infrastructure, products and
people, but it is also the mark of an
exceptionally committed and
hard-working team. Our people had
to dig deep this year, in the face of a
challenging environment and some
tough decisions, and I thank them for
all their support.
Looking ahead, we are far from
complacent about conditions in the
US and UK financial markets, but the
actions taken by the management
team this year give me confidence
in our ability to continue to steer
through the current disruption.
I believe that Experian is in good
shape, strengthened rather than
weakened by the events of this year,
and that we can look to the future
with confidence.
John Peace
Chairman
20 May 2008
3Experian Annual Report 2008
See financial review on page 26 for definition of non-
GAAP measures used throughout this report.