Experian PLC reported Wednesday a fall in pretax profit for fiscal 2020, but said that it finished the financial year with a strong fourth quarter which barely suffered the effects of the coronavirus.
The consumer-credit reporting agency posted a pretax profit for the year ended March 31 of $942 million compared with $957 million for the same period a year earlier.
Revenue for the year increased to $5.18 billion from $4.86 billion for the previous year, Experian said.
The London-listed company added that it achieved organic revenue growth of 8%, at the top of its expected growth in the range of 7%-8%. It also benefited from organic revenue growth of 10% in the fourth quarter.
The board has declared a total dividend of 47.0 cents a share, up from 46.5 cents a share at the end of the previous year, Experian said. It added that earnings per share fell to 74.8 cents from 76.9 cents.
Write to Sabela Ojea at firstname.lastname@example.org; @sabelaojeaguix