Consolidated revenue growth was flat compared to prior year; however operating income grew by almost 8% which management contributes to a combination of further volume growth in products with higher value added and a consistent approach to product improvement.

In its home markets, Graydon reported substantial growth in credit information services in the UK, modest growth in the Netherlands and flat revenues in Belgium.  The largest growth was generated by Graydon International information services, which saw its revenue increase by 31%. 

Revenues for marketing services, debt collection activities and secondment, training and publication had declined.

Source:  Graydon Holding Annual Report 2008

BIIA Newsletter September 2009 Issue