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Equifax Inc (EFX) SEC Filing 10-K Annual report for the fiscal year ending Thursday, December 31, 2015

Equifax Inc

CIK: 33185 Ticker: EFX




Exhibit 99.1
 
 
 
 
1550 Peachtree Street, N.W. Atlanta, Georgia 30309
  
NEWS RELEASE

Contact:
 
Jeff Dodge
Dianne Bernez
Investor Relations
Media Relations
(404) 885-8804
(404) 885-8325
jeff.dodge@equifax.com
dianne.bernez@equifax.com
 
Equifax Reports Record Fourth Quarter and Record Full Year 2015 Results;
Board Approves 14% Increase in Quarterly Dividend to $0.33 per share,
the 6th Consecutive Double-Digit Annual Increase

 
Revenue of $666.3 million was up 7 percent (10 percent in local currency) compared to the fourth quarter of 2014.
Diluted EPS of $0.93 was up 16 percent compared to the fourth quarter of 2014.
Adjusted EPS of $1.14 was up 12 percent compared to the fourth quarter of 2014.
Operating margin was 26.5 percent for the fourth quarter of 2015 and 2014.
Adjusted operating margin was 27.1 percent for the fourth quarter of 2015, up 64 basis points from the fourth quarter of 2014.

ATLANTA, February 10, 2016
-- Equifax Inc. (NYSE: EFX) today announced financial results for the quarter and full year ended December 31, 2015.

“2015 was an outstanding year for Equifax. Our strong performance continued throughout the fourth quarter, with broad-based contribution from each of the business units. We are well positioned for 2016 and beyond,” said Richard F. Smith, Equifax’s Chairman and Chief Executive Officer. “We enter 2016 with great momentum driven by our New Product Innovation, Enterprise Growth Initiatives, and a management team that is dedicated to delivering its best to our customers, shareholders, employees, and consumers. In addition, we shortly expect to close on a large strategic acquisition. Veda Group, the premier provider of information solutions in Australia and New Zealand, will bring a highly experienced management team with new and exciting growth opportunities in the Asia Pacific region for 2016 and beyond.”

Financial Results Summary

The company reported revenue of $666.3 million in the fourth quarter of 2015, a 7 percent increase from the fourth quarter of 2014 and a 10 percent increase in local currency.
 
Fourth quarter diluted EPS attributable to Equifax was $0.93, an increase of 16 percent as compared to fourth quarter of 2014. On a non-GAAP basis, adjusted EPS attributable to Equifax was $1.14, up 12 percent as compared to fourth quarter of 2014. This financial measure for 2015 excludes the Veda acquisition related amounts. The financial measure for both 2015 and 2014 excludes the acquisition-related amortization expense, net of associated tax impacts, as described more fully in the attached Q&A.
 
For the full year 2015, revenue was $2.7 billion, a 9 percent increase from 2014. Diluted EPS attributable to Equifax was $3.55, a 19 percent increase from the prior year. On a non-GAAP basis, full year adjusted EPS attributable to Equifax was $4.50, up 16 percent from the prior year period. For the full year 2015, operating margin was 26.1% compared to 26.2% for the prior year.

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The following information was filed by Equifax Inc (EFX) on Wednesday, February 10, 2016 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Accumulated Other Comprehensive Loss
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Consolidated Balance Sheets
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Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income
Consolidated Statements Of Income
Consolidated Statements Of Shareholders Equity And Other Comprehensive Income
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Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income (changes In Accumulated Other Comprehensive Income) (detail)
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Accumulated Other Comprehensive Income (tables)
Acquisitions And Investments
Acquisitions And Investments (acquired Intangible Assets Fair Value And Weighted-average Useful Life) (detail)
Acquisitions And Investments (additional Information) (detail)
Acquisitions And Investments (estimated Fair Value Of Net Assets Acquired And Liabilities Assumed At Acquisition Dates) (detail)
Acquisitions And Investments (tables)
Benefit Plans
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Benefit Plans (effect Of One-percentage Point Change In Assumed Healthcare Cost Trend Rates) (detail)
Benefit Plans (estimated Future Benefits Payable For Retirement And Postretirement Plans) (detail)
Benefit Plans (fair Value Of Pension Assets) (detail)
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Ticker: EFX
CIK: 33185
Form Type: 10-K Annual Report
Accession Number: 0000033185-16-000037
Submitted to the SEC: Wed Feb 24 2016 4:54:16 PM EST
Accepted by the SEC: Wed Feb 24 2016
Period: Thursday, December 31, 2015
Industry: Consumer Credit Reporting Collection Agencies

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