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Experian revenue up
THE world’s largest credit information company Experian plc met expectations with a one per cent rise in third quarter revenue.
Experian it had seen “further stabilisation” in North America, which accounts for more than 60 per cent of its profit, but remained cautious on Britain, where a recovery has been slower.
Its strongest performing division was Interactive, which includes Experian’s products allowing consumers to access their credit scores, where sales rose 8 per cent.
Chief Executive Don Robert said in a statement: “For the fourth quarter, we expect modest improvement in organic revenue growth.
“For the year as a whole, we remain on track to grow profits at constant currency and deliver strong free cash flow.”