Burberry reports improved FY profit of £511 million, but China lockdowns weigh


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

This article was originally published by Marketwatch.com. Read the original article here.

Previous articleFDA authorizes a booster dose of BioNTech/Pfizer’s vaccine for 5 to 11 year olds
Next articleDow Jones Newswires: JD.com drops on uncertain demand outlook amid China lockdowns


Please enter your comment!
Please enter your name here