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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Experian plc    EXPN   GB00B19NLV48

EXPERIAN PLC

(EXPN)
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Experian : acquires Look Who's Charging

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08/21/2019 | 03:23am EST

news release

Experian acquires Look Who's Charging

21 August 2019 - Experian, the global information services company, is pleased to announce that it has acquired Look Who's Charging Pty Ltd ('LWC'). LWC is the leading provider of transaction enrichment and categorisation technology to banks in Australia.

LWC's service is used to make banking smoother and more straightforward for bank customers. LWC's data is integrated directly into a bank's digital platforms providing their customers with more visibility on their spending. It enables card and bank statement transactions to be categorised and displayed in an easy to understand way, in real time, and makes everyday activities like spend analysis simpler.

Making lending simpler and faster is a key component of our strategy. This acquisition represents another step in using our advanced data and analytics expertise to remove complexity from the lending process and to access new growth opportunities.

LWC will be reported within our EMEA/Asia Pacific Business-to-Business segment under Data.

Contact:

Experian

Nadia Ridout-Jamieson Investors +44 (0)20 3042 4215

Gerry Tschopp Media +1 714 830 7756

Finsbury

Rollo Head +44 (0)20 7251 3801

Jenny Davey

About Experian

Experian is the world's leading global information services company. During life's big moments - from buying a home or a car to sending a child to college to growing a business by connecting with new customers - we empower consumers and our clients to manage their data with confidence. We help individuals to take financial control and access financial services, businesses to make smarter decisions and thrive, lenders to lend more responsibly, and organizations to prevent identity fraud and crime.

We have 17,200 people operating across 44 countries, and every day we're investing in new technologies, talented people and innovation to help all our clients maximize every opportunity. We are listed on the London Stock Exchange (EXPN) and are a constituent of the FTSE 100 Index.

Learn more at www.experianplc.com or visit our global content hub at our global news blog for the latest news and insights from the Group.

Disclaimer

Experian plc published this content on 21 August 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 August 2019 07:22:01 UTC

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Financials (USD)
Sales 2020 5 189 M
EBIT 2020 1 395 M
Net income 2020 846 M
Debt 2020 3 705 M
Yield 2020 1,38%
P/E ratio 2020 37,9x
P/E ratio 2021 33,4x
EV / Sales2020 6,88x
EV / Sales2021 6,31x
Capitalization 31 987 M
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Number of Analysts 18
Average target price 34,20  $
Last Close Price 35,22  $
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Brian Jude Cassin Chief Executive Officer & Executive Director
Michael John Rogers Chairman
Kerry L. Williams Chief Operating Officer & Director
Lloyd Mark Pitchford Chief Financial Officer & Director
Barry J. Libenson Chief Information Officer
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