Experian reassures investors in troubled markets and long term attractions remain
As Experian reports solid Q3 results Graham Spooner, investment research analyst at The Share Centre, explains what they mean for investors.
“
Experian reported underlying revenue growth in all geographical regions, and expects organic revenue growth for the second half of the year to be at least as strong as Q3. The company has so far largely shrugged off the recession and this update reiterates this progress. It continues to expect modest margin improvement and strong cash flow for the year as a whole.
“Moving into emerging markets has helped
Experian to offset sluggish growth in the UK and US, although recent updates have indicated improving UK conditions. Latin America continues to lead the way with organic growth of 27%, at constant exchange rates.
“
Experian has reported solid results for some time now. This update shows the company continues to make steady progress and is confident it can trade in line with market expectations, which is reassuring in these markets.
Experian remains attractive for medium risk investors looking for steady long term growth. However, the shares have a had a good run of late, so investors may want to drip feed into the stock at these levels.”
THIS DATA IS PROVIDED BY THE SHARE CENTRE. THIS IS NOT INTENDED TO CONSTITUTE AN OFFER OR AGREEMENT TO BUY OR SELL INVESTMENTS.
Risk Warnings:
Investing in general, and the products and services mentioned above may not be suitable for all: if in doubt, individuals should seek independent financial advice. The value of investments and the income from them can go down as well as up and investors may not get back their original investment. Past performance is not a reliable indicator of future performance.
The bases and levels of taxation relating to ISAs, CTFs and SIPPs are subject to change and the value of these tax allowances may depend upon the circumstances of the individual.
Moneyextra.com recommends you take independent financial advice before acting on any article
Back2012-01-17 12:40:37 © Moneyextra.com