By Michael Susin

 

Experian PLC said Thursday that revenue for the first quarter of fiscal 2023 rose at constant exchange rates driven by its portfolio diversity and growth initiatives.

The consumer-credit reporting agency said total revenue at constant exchange rates for the three months ended June 30 rose 9% when compared with the year-earlier period, with organic revenue increasing 8%.

In the U.K. and Ireland, total and organic revenue at constant exchange rates rose 5%.

The company said North America, which represents 65% of the group's revenue, delivered an organic growth of 7%.

Latin America kept a strong trajectory and posted a rise in total revenue at constant exchange rates of 23%, and a increase in organic revenue growth of 18%, it added.

The company said that expectations for the full year remain unchanged, and that it sees organic revenue growth in the range of 7% to 9%.

 

Write to Michael Susin at michael.susin@wsj.com

 

(END) Dow Jones Newswires

July 14, 2022 02:36 ET (06:36 GMT)

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