Experian 1Q Total Revenue Rose; Backs Fiscal Year 2023 Views
July 14 2022 - 2:51AM
Dow Jones News
By Michael Susin
Experian PLC said Thursday that revenue for the first quarter of
fiscal 2023 rose at constant exchange rates driven by its portfolio
diversity and growth initiatives.
The consumer-credit reporting agency said total revenue at
constant exchange rates for the three months ended June 30 rose 9%
when compared with the year-earlier period, with organic revenue
increasing 8%.
In the U.K. and Ireland, total and organic revenue at constant
exchange rates rose 5%.
The company said North America, which represents 65% of the
group's revenue, delivered an organic growth of 7%.
Latin America kept a strong trajectory and posted a rise in
total revenue at constant exchange rates of 23%, and a increase in
organic revenue growth of 18%, it added.
The company said that expectations for the full year remain
unchanged, and that it sees organic revenue growth in the range of
7% to 9%.
Write to Michael Susin at michael.susin@wsj.com
(END) Dow Jones Newswires
July 14, 2022 02:36 ET (06:36 GMT)
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