Total revenue increased 19.9% for the fourth quarter and 17.0% for full-year 2011. Revenue growth in the fourth quarter was driven by a 34.0% increase in Decision Analytics revenue, with additional contribution from the 3.9% growth in Risk Assessment revenue. Excluding the effect of recent acquisitions, total revenue grew 7.6% for both fourth-quarter and fiscal-year 2011.
EBITDA increased 20.5% to $158.4 million for fourth-quarter 2011, with an EBITDA margin of 45.0%. For fiscal-year 2011, EBITDA was $592.0 million, a 16.3% increase compared with 2010, with an EBITDA margin of 44.4%.
Frank J. Coyne, chairman and chief executive officer, stated: ”Risk Assessment continued its steady growth based on our long-standing, mission-critical solutions for the insurance industry and our insurance-facing solutions in Decision Analytics also continued strong organic growth of about 15%. We continue to see traction in cross sell and continue to work to create the optimal framework for increasing penetration of our services, including the creation of the Verisk Underwriting Solutions division.”
Source: Industrial News Report
