Experian 2010 Annual Report Download - page 26

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Experian Annual Report 2010 Business review24
Latin America (continued)
Financial review
Total revenue was US$559m for Latin
America, up 16% at constant exchange
rates. Organic revenue growth was
also 16%.
EBIT in the year was US$166m, up 34%
at constant exchange rates. The EBIT
margin expanded by 420 basis points to
29.7%. The margin improvement reects
strong positive operating leverage in
Credit Services, arising from volume
growth and the migration towards
higher value-added services.
Social, ethical and environmental
(SEE) risks and opportunities
Serasa Experian is well recognised in
Brazil for its sustainability credentials.
The business continued to develop
its community and environmental
programmes, and to ensure disability
and diversity are addressed in the
workplace. During the year, Serasa
Experian launched a new information
product that enables companies
to investigate the environmental
compliance records of thousands of
businesses. It will potentially be of great
use to ethical investors and companies
wishing to inuence their stakeholders
and encourage them to take a more
sustainable approach to business.
EBIT (US$m) and margin Organic revenue growth
(4)
29.7%10 166
25.5%
09 118
23.1%
08 75
EBIT
07
16%
10
18%
09
43%
08
38%
07
48