Are you a client?
Sign in to view the full news archive.
Top 30 SITS provider Experian updated the market this morning on robust first-quarter results, posting 12% total revenue growth at constant currency with 8% organic growth, demonstrating resilient underlying performance across its global operations.
The data and technology giant's diversified geographic footprint proved advantageous, with North America (67% of revenue) leading organic growth at 9%, driven by strong B2B performance of 12%. The region benefited from new product launches, particularly Clarity and Ascend analytics solutions, alongside improved mortgage activity and strategic acquisitions NeuroID and Audigent.
The UK and Ireland region remains a drag however, delivering modest 1% organic growth amid continued economic uncertainty, while EMEA and Asia Pacific showed promising 7% organic expansion, supported by the illion acquisition's integration.
Experian's balanced portfolio between B2B (73% of revenue) and Consumer Services (27%) provides stability, with B2B growing 8% organically and Consumer Services maintaining 6% growth despite data breach services normalisation.
Management's unchanged full-year outlook signals confidence in a sustainable growth trajectory, reinforcing Experian's position as a resilient operator in the ever changing data services landscape.
Posted by: Marc Hardwick at 08:12
Tags:
data
trading update