Equifax Reports Solid Q4
Earnings from continuing operations were up 70 percent to $55 million in the quarter over the previous year. Revenue increased 5 percent for the full year 2004 to $1.27 billion.
For the entire year of 2004 compared with 2003: cash flow from operations rose 5 percent to $309 million; free cash flow increased 9 percent to $262 million; consolidated operating margins rose to 30 percent from 26 percent; North America reported revenue up 2 percent to $1.04 billion; North America Information Services revenue increased 4 percent to $707 million; Marketing Services revenue was down 11 percent to $236 million; Personal Solutions revenue grew 38 percent to $96 million; Europe revenue was up 23 percent to $142 million; and Latin America revenue was up 14 percent to $92 million.
Kristen Bremner covers list news, insert media, privacy and fundraising for DM News and DMNews.com. To keep up with the latest developments in these areas, subscribe to our daily and weekly e-mail newsletters by visiting www.dmnews.com/newsletters