Experian 2013 Annual Report Download - page 34
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Please find page 34 of the 2013 Experian annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.At constant currency, total revenue
growth was 10% and organic revenue
growth was 8% (H1 8%, H2 7%). There
was further progression in our EBIT
margin, up 40 basis points to 26.6%,
giving rise to growth in EBIT from
continuing activities of 13% at constant
currency. Currency movements affected
us adversely during the year, mainly due
to the depreciation of the Brazilian real
relative to the US dollar. At actual rates,
revenue and EBIT increased by 6% and
7% respectively. Benchmark EPS rose
We are pleased to have delivered further progress
in the year ended 31 March 2013 as we continue
to execute against our growth programme and to
capitalise on structural growth opportunities across
our markets.
Chief Executive’s review
9% to 85.7 US cents per share and we
have again raised our full-year dividend,
by 9% to 34.75 US cents per share.
•We delivered growth across all our
regions, despite economic headwinds
in some markets. Organic revenue
growth was 14% in Latin America, 7%
in North America, 5% in the UK and
Ireland and 3% in EMEA/Asia Pacific.
•We delivered good growth across
our four global business lines, with
organic revenue growth of 9% in
both Credit Services and Consumer
Services, and 5% in both Decision
Analytics and Marketing Services.
•We met or exceeded all of our
financial objectives, namely to
deliver mid to high single-digit
organic revenue growth, maintain or
improve margin and deliver cash flow
conversion of at least 90%.
•Strategically, our global growth
programme continues to gain
momentum, and contributed over
four percentage points to organic
revenue growth, ahead of our earlier
expectations. The largest contributors
to growth were fraud and identity
management, telecommunications,
and geographic expansion, for
example in Colombia and Russia.
This has been another successful year
for the Group and I would like to thank
the people of Experian whose creativity
and hard work make it possible to
deliver premium growth consistently.
Don Robert
Chief Executive Officer
32 Experian Annual Report 2013 Business review