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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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23-03-2023 20:57:03 (UTC+7)

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    EUR/USD 1.0881 ↑ Sell  
    GBP/USD 1.2314 ↑ Buy  
    USD/JPY 131.16 Sell  
    AUD/USD 0.6711 ↑ Buy  
    USD/CAD 1.3653 ↑ Sell  
    EUR/JPY 142.72 ↑ Sell  
    EUR/CHF 0.9964 ↑ Sell  
    Gold 1,986.60 ↑ Buy  
    Silver 23.262 ↑ Buy  
    Copper 4.0968 ↑ Buy  
    Crude Oil WTI 71.14 Sell  
    Brent Oil 76.92 Neutral  
    Natural Gas 2.208 ↑ Buy  
    US Coffee C 174.72 ↑ Sell  
    Euro Stoxx 50 4,192.05 ↑ Buy  
    S&P 500 3,969.63 Neutral  
    DAX 15,184.05 ↑ Buy  
    FTSE 100 7,503.02 ↑ Sell  
    Hang Seng 20,049.64 ↑ Buy  
    Small Cap 2000 1,754.05 Neutral  
    IBEX 35 8,976.01 ↑ Buy  
    BASF 46.500 ↑ Buy  
    Bayer 56.04 ↑ Buy  
    Allianz 207.18 ↑ Buy  
    Adidas 141.85 ↑ Buy  
    Lufthansa 9.860 Sell  
    Siemens AG 143.88 ↑ Buy  
    Deutsche Bank AG 9.510 ↑ Buy  
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