Experian 3Q Organic Revenue Grew; Sees Strong Fiscal Year

By Sabela Ojea

Experian PLC said Tuesday that organic revenue grew 7% at constant exchange rates in the third quarter of fiscal 2021 and that it expects to deliver a strong performance for the financial year.

For the three months ended Dec. 31, the FTSE 100 credit-reporting agency said total revenue growth at constant exchange rates stood at 10%.

The U.K. company said its North American business had organic revenue growth of 9%. Total revenue growth was 11%.

Experian said its Latin American business also had organic revenue growth of 13%, and a total revenue growth of 11%.

Its performance in the rest of its working areas was mixed, Experian said. In the U.K. and Ireland, it had negative revenue and organic revenue growth of 2%, while in Europe, Middle East, and Africa and Asia Pacific it had a combined total revenue growth of 16% and a negative organic revenue growth of 11%.

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

(END) Dow Jones Newswires

January 19, 2021 02:34 ET (07:34 GMT)

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