Experian 2007 Annual Report Download - page 30

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Experian EMEA /Asia Pacific
Operational review
Experian EMEA/Asia Pacific delivered
another good performance, reflecting
very high growth rates in Central,
Southern and Eastern Europe, South
Africa and Asia Pacific balanced by
slower growth in more mature
markets such as Western Europe.
Credit Services
Includes consumer credit bureaux in ten countries,
business information bureaux in four countries and
transaction processing, mainly in France
Credit Services sales grew by 5% at constant exchange
rates over the year, with organic growth of 4%.
Sales in transaction processing strengthened during the
year as the business benefited from the first time
contribution from a number of contract wins, particularly
in business process outsourcing. These include multi-year,
multi-million euro contracts with EDF, French Ministry of
Labour, GIE Sesam Vitale and the French Ministry of
Foreign Affairs. In addition, Experian has extended its
customer base in cheque processing and now acts for all
top six French banks. Transaction processing, which is a
relatively mature activity, accounts for nearly two-thirds of
Credit Services sales in EMEA/Asia Pacific.
There were excellent performances from the consumer
credit bureaux, particularly in Central, Southern and
Eastern Europe and South Africa, driven by growth in
demand for credit and value-added products. The
acquisition earlier in the year of a business and consumer
credit bureau in Estonia has further extended Experian’s
geographic reach in the Nordic region, enhancing the
service offering to clients operating across the region.
28 |Experian Annual Report 2007
Introduction | Business review | Governance | Financial statements