**Summary of Experian plcs Half-Year Financial Report (H1 FY26):**
**Financial Performance**
**Revenue Growth** Experian plc reported strong revenue growth, with total revenue up 12% at constant currency and 13% at actual exchange rates. Organic revenue growth was 8%, driven by consistent performance across all regions.
**Earnings and Profitability** Benchmark EBIT increased by 14%, and Benchmark EBIT margin improved by 50 basis points at constant exchange rates. Benchmark EPS grew by 12% at actual exchange rates and 13% at constant exchange rates.
**Cash Flow** Benchmark operating cash flow increased by 25% year-over-year, with a cash conversion rate of 77% in H1.
**Dividend** The first interim dividend was increased by 10% to USc 21.25 per ordinary share.
**Business Highlights**
**Consumer Services** Organic revenue growth of 9%, with over 208 million free members and expanded product offerings.
**B2B (Business-to-Business)** Organic revenue growth of 8%, driven by strength in data, analytics, mortgage, and vertical markets.
**Regional Performance** All regions contributed to growth, with North America up 10%, Latin America up 4%, UK and Ireland up 1%, and EMEA and Asia Pacific up 6%.
**Strategic Initiatives**
**AI and Automation** Enhanced product platforms and customer experiences through AI-driven automation and personalization.
**Acquisitions** Completed acquisitions of ClearSale (Brazil) and KYC360 (UK), strengthening fraud prevention and financial crime compliance capabilities.
**Cloud Migration** On track with cloud migration, expecting North America (excluding Health) and Brazil to surpass 85% cloud adoption by the end of FY26.
**Sustainability and Governance**
**Responsible AI** Strengthened AI governance with a new Global AI Policy aligned with NISTs Trustworthy AI guidelines.
**Climate Transition Plan** Launched a plan to reduce carbon emissions across operations and supply chain.
**Employee Engagement** Certified as a Great Place to Work in 26 countries, with high employee satisfaction and accessibility scores.
**Outlook**
**FY26 Guidance** Total revenue growth of 11%, with organic revenue growth of 8%, and margin accretion of +30 to +50 basis points, all at constant exchange rates.
**Medium-Term Framework** High-single-digit organic revenue growth and good margin improvement of +30 to +50 basis points per annum.
**Risks and Uncertainties**
**Macroeconomic Conditions** Mixed global economic conditions with residual uncertainty, particularly in the UK and Brazil.
**Regulatory Changes** Ongoing regulatory changes in privacy and AI across geographies.
**Cybersecurity** Increased external cyber threats and ransomware risks.
**Conclusion**
Experian plc demonstrated robust financial and operational performance in H1 FY26, driven by strategic execution, product innovation, and expansion of consumer and B2B services. The company remains focused on sustainable growth, technological advancement, and risk management, positioning itself for continued success in its markets.