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Experian confirms full-year outlook after 10% Q1 revenue rise

The business and credit data firm reported first-quarter revenue growth of 10% at actual exchange rates and reiterated its full-year guidance as trading tracked in line with expectations.

by tickstock newsroom
A person is working on a laptop displaying data analytics, including graphs and charts. An iPhone and a pair of glasses are nearby on the table, suggesting a focused work environment. — Credit: Photo by Campaign Creators on Unsplash c Photo by Campaign Creators on Unsplash

Experian, the global data and technology group, said revenue for the three months to 30 June rose 10% at actual exchange rates, 8% at constant currency and 7% organically.

Chief executive Brian Cassin said the group "delivered a strong start to FY27" and that trading was "in line with our expectations."

North America, which accounted for 67% of group revenue in the last financial year, grew organically by 7%, with business-to-business (B2B) revenue up 11% on strength in Financial Services, Ascend analytics and fraud prevention products.

Consumer Services in North America fell 2% organically, as flagged last quarter, following the wind-down of two long-term mass data breach support contracts; stripping those out, growth was 3%.

Latin America delivered the fastest growth, up 12% organically, with Consumer Services surging 22% on strong performance from Brazil's Limpa Nome service and its credit marketplace.

Experian closed its acquisition of Brazilian digital identity specialist idwall on 1 July, a deal it said will strengthen fraud prevention capabilities in the region.

The UK and Ireland grew 5% organically, with total constant-currency growth of 7% boosted by the KYC360 acquisition, while EMEA and Asia Pacific grew 1%, held back by a strong prior-year comparison from large software deliveries.

Experian said its full-year expectations remain unchanged and will report half-year results for the period ending 30 September on 18 November.

by tickstock newsroom