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
Uber Technologies Inc. will establish a new U.S. general and administrative hub in Dallas, which will create 3,000 new jobs and more than $75 million in capital investment, Texas Governor Gregg Abbott said. Uber will get a grant of $24 million from the Texas Enterprise Fund or TEF, a business incentive fund that is used for attracting new business to the state and to ensure their growth. SAMpark LLC recalled 185 Children's pajama sets for burn injury risk to children. The pajamas failed to meet the flammability standard for children's sleepwear that requires sleepwear to be either snug-fitting or flame resistant. However, there have been no incidents or injuries reported so far. While reporting financial results for the second quarter on Wednesday, retailer Target Corp. (TGT) initiated adjusted earnings and comparable sales guidance for the third quarter as well as raised adjusted earnings guidance for the full-year 2019. For the third quarter, Target expects comparable sales...
Follow RTT