UK revenues fall at Experian

Experian, the Nottingham-headquartered information services company, has seen revenues continue to decline in its UK and Ireland businesses – despite strong performances elsewhere across the globe.

Turnover to March 31 fell by 6% in Experian’s domestic business to £519.3m, but had returned to growth by Q4 the firm said. However, both the firm’s B2B and consumer arms saw declines in sales.

Overall, turnover rose 7% at the firm after a strong global performance.

Brian Cassin, chief executive officer, said: “Experian delivered a strong performance this year, even as the world faced the testing times posed by the COVID-19 pandemic. Total revenue growth for the year was 7% and organic revenue growth was 4%, while Q4 organic revenue growth of 5% was at the top end of our guidance range.

“I want to pay tribute to my Experian colleagues whose incredible hard work and commitment this year has steered our business successfully through challenging times. FY21 was a year when we unlocked the power of data for consumers, clients and communities across the world, using our skills and capabilities to help governments and societies to respond to the crisis, hospitals to marshal resources, governments to support businesses, and charities to care for the most vulnerable. Data will also be a key driver of economic growth as the recovery gathers pace and we will be a leading champion in using data to create a better tomorrow.”