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DUBLIN - Experian (OTC:EXPGF) plc, a leading global data and technology firm, reported a robust performance for the third quarter of fiscal year 2025, ending December 31, 2024. The company announced total revenue growth of 8% at constant exchange rates, with organic revenue headline growth at 6%. This excludes the impact of data breach services, which, when removed, saw organic revenue increase by 8%.
CEO Brian Cassin highlighted the consistent strong performance and underscored the company's unchanged full-year growth expectations. Experian anticipates organic revenue growth to remain within the 6-8% range and margin accretion at the upper end of 30-50 basis points, all at constant exchange rates.
The North American market, which accounts for 68% of Experian's group revenue, experienced a solid organic revenue growth of 6%, or 9% excluding data breach services, with total revenue growth at 7%. The B2B segment in North America saw an 8% increase, driven by mortgage, Clarity, and analytics and marketing solutions, while the Automotive and Health sectors also delivered strong performances.
Latin America, contributing 14% to the group revenue, matched expectations with an 8% organic revenue growth. Despite foreign exchange headwinds, the region's total revenue growth at constant currency stood at 10%. Brazil's B2B segment showed resilience amidst macroeconomic uncertainty, and Consumer Services in the region surged by 22%, bolstered by the success of the Limpa Nome Fair and credit marketplace.
The UK and Ireland region, representing 12% of group revenue, reported a modest organic revenue growth of 1%. Consumer Services in this market grew by 10%, thanks to product enhancements and improved customer engagement.
EMEA and Asia Pacific, making up 6% of group revenue, saw an impressive 9% organic revenue growth. The acquisition of illion significantly contributed to a 35% total constant currency revenue growth, with notable strength in Australia, South East Asia, and India.
Experian's full-year results for the fiscal year ending March 31, 2025, will be released on May 14, 2025. This trading update is based on unaudited management accounts and includes forward-looking statements subject to risks and uncertainties.
The information presented in this article is based on a press release statement from Experian.
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