Latin America growth drives Experian revenue hike of 12%

EXPERIAN, the world’s largest credit-checking company, has said that its third-quarter revenue rose 12%, led by growth in Latin America.

Revenue, excluding the effect of acquisitions, increased 8% in the period on a year-on-year basis, the Dublin-based company said. Its forecast for the full year has remained unchanged.

Experian spent more than $200 million buying companies and expects net proceeds of around $250m from the sale of its stake in the First American Real Estate Solutions joint venture in December, according to chief financial officer Paul Brooks.