Experian PLC (LON:EXPN) has bumped up its full-year outlook after trading in the past two months was stronger than first expected.
The FTSE 100-listed personal credit checking and data services specialist released an impromptu trading update advising that organic revenue growth for the second quarter to end-September is expected to rise by 3-5%, having previous predicted a fall of up to 5%.
In the first quarter, total revenue had dipped 1%, with North America rising 4% but double-digit declines elsewhere, led by Latin America.
Trading in the second quarter was boosted by strength in the US mortgage market, the number of services provided, as well as other parts of the portfolio that showed their resilience, the company said.
Experian said it continued to invest in innovation and growth and so costs are now set to rise up to 3%.
The shares rose 3% to 2,878p in early trading on Tuesday.