Equifax Inc. (EFX, Financial) has announced plans to increase its adjusted EBITDA margin by 25 basis points in fiscal year 2025. This optimistic projection is made even as the company acknowledges economic and market uncertainties that have restrained any revisions to its overall FY25 guidance.
The company reported stronger-than-anticipated performance in its mortgage sector during the first and second quarters. Furthermore, Equifax has introduced its first-ever OnlyEquifax solution specifically for the mortgage industry, with plans to expand this offering to the automotive sector in the latter half of the year.
In a strategic move, Equifax is directing its capital expenditures towards innovation, a shift that is expected to facilitate revenue growth between 5% and 10%, even in the event of a recession.
These developments and financial projections were disclosed during Equifax’s Q1 earnings conference call, highlighting the company's strategic focus and resilience in the face of economic challenges.
