YouGov posts revenue growth ahead of overall market research sector

(ShareCast News) - Market research and data analytics group YouGov surged 2.5% on Tuesday after saying its full-year trading was in line with expectations.The company said the first half of the year saw a good performance with double-digit revenue growth, which was ahead of the overall sector.Its US market continued to perform well while its data products and services continued to grow in line with its strategy to expand globaly.In a trading update, YouGov added its Profiles business, which was lanched in the UK last November, is progressing well with new subscribers. Meanwhile in the US, its first sales have already been achieved.At 31 July 2015, the group's net cash balances were £9m.Shares in YouGov were up 2.5% to 116p on Tuesday at 11:20.