By Michael Susin
Experian PLC said Friday that organic revenue grew 11% at constant exchange rates and 14% at actual exchange rates in the third quarter of fiscal 2022, and raised its full-year guidance.
For the three months ended Dec. 31, the FTSE 100 credit-reporting agency said total revenue growth at constant exchange rates stood at 15%.
The U.K. company said its North American business had organic revenue growth of 13%. Total revenue growth was 16%.
Experian said its Latin American business had organic revenue growth of 11% and total revenue growth of 21%.
In the U.K. and Ireland, it had total revenue and organic revenue growth of 8%, while in Europe, Middle East, and Africa and Asia Pacific, it had total revenue growth of 6% while organic revenue was at 0%.
For the year, Experian expects to report organic revenue growth of between 12% and 13% and total revenue growth of 16%-17%, all at constant exchange rates.
The company had said on Nov. 17 that it expected organic revenue growth of between 11% and 13% and total revenue growth of 15%-17%, all at constant exchange rates.
"We continue to expect strong earnings before interest and taxes also at constant exchange rates," it said.
Write to Michael Susin at email@example.com
(END) Dow Jones Newswires
January 14, 2022 02:37 ET (07:37 GMT)Copyright (c) 2022 Dow Jones & Company, Inc.