Experian (LSE:EXPN) reported third-quarter organic revenue growth of 8%, broadly matching the Visible Alpha consensus, with solid performances in North America and Latin America’s consumer segment offsetting weaker conditions in EMEA/APAC.
The stock came under pressure following the update, with shares down 5.5% in London by 08:53 GMT.
In North America B2B, Experian delivered 11% organic growth. The group pointed to a strong contribution from Clarity, good commercial traction in new cashflow and mortgage profile products, and resilient underlying client activity. North America B2C recorded 8% organic growth, easing from the previous quarter, which Jefferies said was expected after a one-off insurance catch-up.
Latin America again stood out on the consumer side, with LatAm B2C organic growth of 23%, ahead of expectations. This was driven by strength at Limpa Nome, healthy growth in premium subscription revenues and a robust credit marketplace. LatAm B2B, however, was flat, which Jefferies analysts attributed to the macroeconomic backdrop and persistently high interest rates.
“3Q organic revenue growth of 8% is in line with expectations and underlying trends remain solid,” Jefferies analyst Allen Wells said in a note. “We note continued strength in North America with B2B and LatAm B2C as standout; partially offset by softness in EMEA/APAC.”
Experian reported organic revenue growth of 3% in both EMEA/APAC and the UK and Ireland during the quarter.
The group reaffirmed its FY26 guidance, including total revenue growth of 11% and organic revenue growth of 8%, compared with consensus expectations of 7.7%. Margin guidance was also unchanged, with the company still targeting a year-on-year improvement of 30–50 basis points excluding foreign exchange.
“FY26e guidance reiterated, with continued strong momentum expected. Overall we see results as reassuring,” Wells added.
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