Experian's sales rises 15% as loan demand increases

LONDON - Experian, the credit information company, increased total worldwide sales 15% in the three months to the end of June, as talks of a demerger from its parent company GUS continue.

Analysts had predicted that a slowing mortgage market in the US could hit the business. However, this was balanced out by an increased demand from credit card and car loan companies.

The healthy start to the year follows from sales growth reported in May, when the company said that it would give back 拢200m to shareholders. In the same month, the company also said that it would "review all strategic options" with a view to demerging from GUS.

Experian unit keeps global credit information on 205m consumers and 14m businesses.

If you have an opinion on this or any other issue raised on Brand Republic, join the debate in the .

Topics