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Experian third-quarter revenue rises on steady demand for loans

(Reuters) - Experian Plc (LON:EXPN) posted a 7% jump in its third-quarter revenue on Tuesday, as the world's largest credit data firm benefited from steady demand for loans and...
Experian third-quarter revenue rises on steady demand for loans © Reuters. Experian logo is seen on a smartphone in front of displayed same logo in this illustration taken, December 1, 2021. REUTERS/Dado Ruvic/Illustration
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(Reuters) - Experian Plc (LON:EXPN) posted a 7% jump in its third-quarter revenue on Tuesday, as the world's largest credit data firm benefited from steady demand for loans and launch of new products.

Britain's lenders are seeking more data on the finances of potential and existing customers, as a cost-of-living squeeze raises the risk of borrowers struggling with their debts.

The FTSE 100-listed company posted a 6% rise in total organic revenue at constant exchange rates for the three months ended Dec. 31, fuelled by robust demand for its consumer and business information business in North America, its biggest market.

Experian (OTC:EXPGF) posted a 5% increase in its organic revenue from North America, while it continued to flag a fall in demand for mortgage credit.

Total revenue growth at constant exchange rates was 7% for the quarter.

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04-03-2024 06:27:40 (UTC+7)

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    EUR/USD 1.0843 Neutral  
    GBP/USD 1.2659 Neutral  
    USD/JPY 150.15 ↑ Buy  
    AUD/USD 0.6526 ↑ Sell  
    USD/CAD 1.3556 Neutral  
    EUR/JPY 162.81 ↑ Buy  
    EUR/CHF 0.9578 Neutral  
    Gold 2,094.55 ↑ Buy  
    Silver 23.360 ↑ Sell  
    Copper 3.8632 ↑ Buy  
    Crude Oil WTI 79.97 Sell  
    Brent Oil 83.62 Buy  
    Natural Gas 1.909 ↑ Buy  
    US Coffee C 184.13 Neutral  
    Euro Stoxx 50 4,894.05 Buy  
    S&P 500 5,137.08 ↑ Buy  
    DAX 17,735.00 ↑ Sell  
    FTSE 100 7,682.50 ↑ Sell  
    Hang Seng 16,589.44 ↑ Buy  
    Small Cap 2000 2,076.39 ↑ Buy  
    IBEX 35 10,064.70 ↑ Buy  
    BASF 47.985 ↑ Sell  
    Bayer 28.33 ↑ Sell  
    Allianz 251.80 Buy  
    Adidas 187.00 ↑ Buy  
    Lufthansa 7.191 Sell  
    Siemens AG 181.28 Sell  
    Deutsche Bank AG 12.566 Neutral  
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