Experian’s Second Half Buoys Great Universal Stores
While final figures for the year have not been released, Experian, the consumer-data operations of London-based Great Universal Stores (GUS), contributed to the company’s overall health.
Worldwide sales for Experian were up 7% during the second half, compared with a 4% increase in the first half. Experian UK had a 14% growth rate, while Experian North America’s revenue rose by 4%.
The Information Solutions division, which accounts for around 60% of Experian North American’s revenue, had a 2% sales increase during the second half. Consumer credit profile sales grew 10%, and made up nearly a quarter of the North American Division’s sales.
“Although the outlook for the US economy remains uncertain, sales at Experian North America have grown in the second half after a better fourth quarter,” said John Peace, group chief of GUS, in a statement.
