logo
Plus   Neg
Share
Email

Experian Plc Q1 Total Revenue Up; FY View Unchanged - Quick Facts

Experian plc. (EXPN.L), an information services company, reported Tuesday that its first-quarter total revenue increased 4 percent on a reported basis and 7 percent at constant exchange rates.

On an organic basis, revenue grew 6 percent.

In its trading update, the company said its North American total revenue growth was 9 percent, reflecting the contribution from the recent acquisition of AllClear ID. Organic revenue increased 8 percent.

In the UK and Ireland, total revenue declined 6 percent on a reported basis. At constant currency, total and organic revenue growth in the region was flat.

In Latin America, total revenue declined 1 percent on a reported basis, while both total and organic revenue growth rose 9 percent at constant currency.

EMEA/Asia Pacific revenue fell 1 percent on a reported basis, but grew 6 percent at constant currency. Organic revenue declined 1 percent.

Brian Cassin, Chief Executive Officer, said, "We have started the year well and in line with our expectations. ... We are excited about our prospects and for the year ahead our guidance is unchanged."

Experian will release results for the first half on November 12.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Shares of Stage Stores, Inc. (SSI) hit a new 52-week high of $6.74 today, which is a giant leap forward for a stock that was perilously close to delisting just a few months ago. The stock has been experiencing positive momentum, after raising expectations for fiscal 2019. Amazon founder and Chief Executive Jeff Bezos said his company will continue to support the U.S. Department of Defense, noting that the U.S. will be in "big trouble" if big technology companies stop working with the Pentagon. "We are going to support the Department of Defense, this country is important," Bezos said at the annual Reagan National Defense Forum in Simi Valley, California. Surly Bikes recalled 5,139 units of Surly front bicycle racks for possible crash and injury hazards, a statement by the U.S. Consumer Product Safety Commission showed. The company said the front bicycle rack can loosen and contact the front wheel, resulting in crash and injury hazards to the rider.The recall involves Surly 8-pack racks and Surly 24-pack front bicycle racks and Pack Rat bicycles.
RELATED NEWS
Follow RTT
>