World Cup 2014 effect hits Experian

Billy Ehrenberg
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The World Cup has hit Experian's revenues is South America (Source: Getty)

Experian, the credit rating company, has reported an 11 per cent contraction in like for like revenues in Latin America, apparently as the World Cup effect took hold.

Credit checkers were spending less time at their desks as football fever gripped the continent.

The depleted results were tempered somewhat by better figures from the UK and Ireland, where growth was 16 per cent. Revenue growth was four per cent overall.

The FTSE 100 company has seen shares fall by 10 per cent this year after a management restructuring in January and concerns about past acquisitions and investments.

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