The third-quarter trading update from Experian was greeted with a shrug of the shoulders from the stock market. The numbers were in line with consensus forecasts among analysts and, for those investors who tend to flick straight to a company’s outlook in brief trading statements, here too the message was: steady as she goes.
The consumer credit reporting agency said yesterday that group revenue from ongoing activities rose by 5 per cent in the three months to the end of December on a constant currency basis compared with the same period a year ago. The board was confident of improvement in the final quarter, which is usually a stronger one for Experian. It tends to launch products in the first half, where it takes the