Experian is lifted by Latin drive

Revenues at Experian grew by 14 per cent in its first quarter, driven by the global credit-rating checker's fast-growing Latin American business.

Excluding acquisitions made in the past 12 months, its revenues rose 9 per cent in the three months to end-June.

Experian's major clients are banks and financial services companies.

In the UK, where Experian made three acquisitions in the past year, actual revenues grew by 7 per cent.

Latin American revenues grew by 33 per cent.