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North America leads the way for Experian

Mortgage refinancing activity and demand for credit monitoring services across the pond helped the group swing back into organic revenue growth in the second quarter.
North America leads the way for Experian
  • Benefitting from momentum across the pond, Experian recovered from a 2 per cent contraction in organic revenue in the first quarter, to 5 per cent growth in the second quarter.
  • North America has seen more mortgage refinancing activity and demand for credit monitoring services.
IC TIP: Buy at 3,028p

Information services specialist Experian (EXPN) rebounded strongly across the six months to 30 September. The group swung from a 2 per cent year-on-year contraction in organic revenue in the first quarter, to 5 per cent growth in the second quarter. This came as momentum in North America and Brazil offset pandemic pressures elsewhere.

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