Experian 2013 Annual Report Download - page 4
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Please find page 4 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.Sir John Peace
Chairman
We are expanding into exciting new
countries such as Turkey and Russia,
and we were delighted this year to have
launched a new credit bureau in Australia.
A decade ago, financial services
accounted for the majority of the Group’s
revenues. Today, this figure stands at 30%,
underlining the tremendous strategic
progress we have made expanding into
new customer segments. The same
underlying data and analytical tools that
enable financial services companies to
make better informed decisions are now
helping clients in other sectors - from
telecommunications operators to public
sector organisations and utility companies.
We were also pleased by the excellent
progress we made during the year to
extend the reach of our consumer credit
monitoring and fraud prevention services.
This included establishing further third-
party partnerships to create valuable new
channels to market and also plans to
expand into new geographies.
Every year our appetite for innovation
grows. We are investing in data and
analytics and are pioneering new products.
This is part of the very fabric of Experian.
Earlier this year, we launched PowerCurve,
our new customer management software,
and it has been very well received by
clients around the world. We also
introduced BusinessIQ in the UK and
Ireland. BusinessIQ is our flagship
business information platform and was
initially introduced in the US, where it has
been a great success. In the same vein, we
continue to roll out our fraud prevention
and digital marketing products across
several markets. In December 2012, the
regulations for the sharing of positive credit
data in Brazil were approved. The addition
of this important data to our credit bureau
will create opportunities in the future for
us to develop innovative new products and
services for lenders and consumers.
The year saw further progress financially
and strategically, while creating further
value for our shareholders with total
returns since demerger over three times
the FTSE 100 average. We have raised
our full-year dividend again, by 9% to
34.75 US cents per share and we have
announced our intention to initiate a
US$500m share purchase programme.
Delivering premium growth globally
The expansion of our operations into major
consumer economies has become one
of the hallmarks of our success. Experian
today is very different to the Experian of
12 years ago, with 33% of our revenues
generated from outside the US and the
UK, and from our vantage point we see
a great many opportunities ahead of us.
In Latin America, our business continues
to perform well with the addition of new
clients to our business in Brazil and a
growing contribution from our credit
bureaux in Colombia and Peru.
Chairman’s statement
This has been another successful year for Experian.
We achieved our twelfth consecutive year of record
earnings before interest and tax, delivering organic
growth across the Group.
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2 Experian Annual Report 2013 Business overview