Experian’s Growth Slows a Bit in Fiscal First Quarter
Experian saw its organic growth slow a bit in the fiscal first quarter, with revenue growth excluding currency effects and acquisitions growing 6% year over year. This represents a slowdown from the last fiscal year, but this quarter’s growth rate is more in line with our long-term expectations. We will maintain our GBP 2,090 and $26.50 fair value estimates and wide moat rating.Results in North America remain good, with 8% year-over-year growth excluding acquisitions. The core credit bureau bus...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
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