Experian's Quarterly Revenue Up 12%

Experian, the global credit information firm, reported Tuesday that revenue grew 12% in the three months ended Dec. 31, helped by earlier acquisitions and steady growth in emerging markets.

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Total revenue growth in North America was 3%, with organic revenue growth of 2%. The difference relates primarily to the acquisition last June of Medical Present Value (see story).

Organic revenue was up 7% in Credit Services. Consumer information benefited from further improvement in origination and customer management activity, and there were strong contributions from business information, automotive and healthcare payments.

At Decision Analytics, organic revenue growth was 9%, reflecting good progress in software, fraud prevention and analytics, according to company officials. 

"Looking ahead, we expect organic growth for the second half of the year to be at least as strong as the third quarter," Chief Executive Don Robert said in a statement.

Experian provided no update on the search for a successor to Paul Brooks, the company's chief financial officer since 2001 who died suddenly last week at his California home. Brooks was 58. 


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