Last checked at 
(Alliance News) - Experian PLC on Friday retained guidance for its full financial year following "good" revenue growth in the third quarter.
The FTSE 100-listed consumer credit checker said for the three months to the end of December, total revenue growth was 7%, or 9% at constant exchange rates. Organic revenue growth at constant exchange rates was 7% year-on-year.
Geographically, Experian's quarterly performance was driven mainly by its business in the Americas, with revenue from North America rising by 11% helped by acquisitions including AllClear ID and MyHealthDirect.
Meanwhile, revenue growth in Latin America was 11%, buoyed by a robust performance in Brazil and a first time contribution from Sentinel Peru.
However, revenue from the UK & Ireland declined by 3%, as longer sales cycles and the deferring of decision making by clients for software implementations led to a weaker performance for the Decisioning business.
Experian's EMEA & Asia Pacific business declined in revenue by 1%, also dragged down by lower Decisioning results, through the phasing of contract wins between quarterly periods, and stronger prior comparables.
"Overall the performance was in line with our expectations and our guidance for the full year is unchanged," said Chief Executive Officer Brian Cassin.
Experian, which is headquartered in Dublin, will publish annual results on May 20.
By Dayo Laniyan; dayolaniyan@alliancenews.com
Copyright 2020 Alliance News Limited. All Rights Reserved.
