Experian 1Q Organic Revenue +4%; Backs FY18 Guidance
July 18 2017 - 2:53AM
Dow Jones News
By Ian Walker
LONDON--Experian PLC (EXPN.LN) Tuesday reported a 4% rise in
organic revenue for the first quarter of fiscal 2018, in line with
its guidance, despite continued difficulties at its U.K. and
Ireland business.
The global information services company said the performance at
its consumer services business reflects a 3% fall in U.K. and
Ireland business growth, but this was offset by growth in
business-to-business revenue.
North American revenue grew 4% at constant-currency rates during
the quarter ended June 30, while Latin America revenue grew 8%.
Europe, Middle East and Africa as well as Asia-Pacific revenue grew
7% in the quarter.
Experian said it continues to expects organic revenue growth for
the year within its target mid single-digit range, with stable
margins and further progress in benchmark earnings per share.
-Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
July 18, 2017 02:38 ET (06:38 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
Experian (LSE:EXPN)
Historical Stock Chart
From Apr 2024 to May 2024
Experian (LSE:EXPN)
Historical Stock Chart
From May 2023 to May 2024