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The first quarter performance marked the fastest growth for a year and compared with 0.3% in the previous three months.
Key growth components like personal consumption and spending on business equipment contributed less to the first quarter performance than originally estimated.
2014 guidance for around 10% underlying revenue growth looks supported by the first quarter performance, which is much stronger in growth terms due to an easy comparison.
David Brennan, chief executive, said the company's first quarter performance put it on track to achieve its financial targets for the full year.
The latest six months of expansion suggest that a surprisingly poor first quarter performance — when the GDP shrank 2.1percentt — was an anomaly, likely the result of miserable East Coast winter weather that kept consumers indoors.
Analysts applauded the company's first quarter performance, pointing out the company had managed to generate 2.6% of organic revenue growth - which excludes growth from acquisitions or new businesses - despite the uncertain advertising environment.
Similar(51)
It was the strongest first-quarter performance since 2004.
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CEO of Professional Science Editing for Scientists @ prosciediting.com