0636 GMT - Experian has taken a progressive approach to reinventing the company over the last 10 years, RBC Capital Markets analysts write in a note. The credit-reporting agency's focus on consumer business along with the creation of a deep data pool have driven further product innovation and facilitated monetization, the analysts say. This distinguishes its operations from that of its peers. "By fostering a culture of innovation, Experian has continued to grow, create new product leadership, and develop sophisticated capabilities," they add. Despite having a strong share position in the overall U.K. credit bureau market, the company kept a modest growth outlook in the near term due to uncertainty within the U.K. economy. Shares are flat at 3,675 pence. ( najat.kantouar@wsj.com)
(END) Dow Jones Newswires
November 20, 2024 01:41 ET (06:41 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
Comments