Experian Fiscal 2015 Profit Declines

posted a decline in its pretax profit for fiscal 2015. Experian's pretax profit for the year dropped to $1.01 billion, compared to $1.05 billion in the prior. Its revenue declined to $4.81 billion from $4.84 billion. The company's profit before tax and exceptional items came in flat at $1.23 billion. Experian's board declared an interim dividend of 27.0 cents per ordinary share. "In the coming year, we expect organic revenue growth to progress as we focus on our growth initiatives and as we continue to transform North America Consumer Services," Chief Executive Brian Cassin said. Experian shares gained 2.34 percent to close at $18.39 yesterday.