Experian boasts strong first quarter


Experian PLC’s (LON:EXPN) quarterly trading update boasted a strong performance, with 28% revenue growth in ongoing businesses.

“We delivered a strong performance in Q1 through a combination of successful delivery of our innovation-led strategy and faster than expected recovery as economies emerge from the COVID-19 pandemic,” said chief executive Brian Cassin.

Cassin noted organic revenue growth was marked at 22% and highlighted that all regions and segments delivered growth for the quarter.

Experian is now expecting total revenue growth between 13% and 15% for the full year, of which 9% to 11% will be organic.

The data provider and credit-checker is set to report its first-half results for the six months ending September 30 on November 17.


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