Experian reports strong first quarter growth

Experian, the world’s biggest credit data company, said it is on track to meet its sales targets for the current year following encouraging first quarter results.

In the three months to 30 June 2013, organic revenue grew by seven per cent, including ten per cent total and organic revenue growth in Latin America, with strong performances in Brazil, Columbia and Peru.

The company reported strong performances in three of its four global business lines, with organic revenue growth of eight per cent in credit services, ten per cent in decision analytics, and eight per cent in consumer services. Marketing services revenues grew by just two per cent.

Chief executive Don Robert said the company is pleased with its first quarter performance and expects continued growth, "notwithstanding recent civil unrest in Brazil which has affected some consumer-facing sectors".

Experian will hold its annual general meeting on 17 July 2013 and release its half-yearly financial report on 6 November 2013.