Experian posted better-than-expected results in its Q3 FY16 trading update, generating an organic revenue growth of 6% (vs. 4% in H1 FY16), but currency headwinds totally wiped out this growth as reported sales declined by 3%. All the sales growth numbers are organic unless specified otherwise. Both Credit Services and Decision Analytics clocked 8% growth, while Marketing Services and Consumer Services grew at a meagre 2%. In North America (+6% vs +1% in H1), robust business in healthcare and
21 Jan 2016
Stronger Fx headwinds continue to eat strong organic growth
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Stronger Fx headwinds continue to eat strong organic growth
Experian PLC (EXPN:LON) | 3,213 -2409.8 (-2.3%) | Mkt Cap: 29,513m
- Published:
21 Jan 2016 -
Author:
Nishant Choudhary -
Pages:
2
Experian posted better-than-expected results in its Q3 FY16 trading update, generating an organic revenue growth of 6% (vs. 4% in H1 FY16), but currency headwinds totally wiped out this growth as reported sales declined by 3%. All the sales growth numbers are organic unless specified otherwise. Both Credit Services and Decision Analytics clocked 8% growth, while Marketing Services and Consumer Services grew at a meagre 2%. In North America (+6% vs +1% in H1), robust business in healthcare and