Experian Flies Higher After Spin-Off

Published April 17, 2007, 4:18 p.m. EDT

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Updated August 27, 2020, 1:56 a.m. EDT

1 Min Read

LONDON – Credit bureau Experian reported yesterday that sales climbed 12% over the past six months, since the company was spun off of GUS plc. In the America,s where the company makes more than half its sales, revenues rose by 12% during the period, although the unit’s performance was hurt by its LowerMyBills online loan brokerage, which was set back by woes in the subprime mortgage market. Experian said after the spin-off it plans to shop for acquisition targets, and bought five businesses in the past six months.

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