Shareholders in Experian will be breathing a sigh of relief (Ben Martin writes). A trading update yesterday from the FTSE 100 credit-checking group showed that it had suffered a smaller blow from the pandemic during the last quarter than many had feared. But does this make it a good moment to buy its stock?
Experian is one of the world’s largest credit reporters, alongside Equifax and Trans Union, its American rivals. Based in Dublin, it has about 17,800 employees in 45 countries and provides credit assessment tools and data to businesses, including lenders and retailers, as well as to consumers.
It has a market value of about £26 billion, making it one of the biggest companies listed in London, and generated pre-tax profit of $942
