Vodafone has lifted its outlook for the year.
The world's second-largest mobile network operator says core earnings could now go as high as 15 billion euros - about 16.5 billion dollars.
That's up from a maximum of 14.2 billion euros in earlier outlooks.
The firm is feeling more hopeful after revenues returned to growth.
They were up 0.3% in the first half.
Core earnings rose 1.4%.
Vodafone says conditions improved in Spain and Italy.
Retail sales in Germany also did well.
Now investors will hope it's evidence of a sustained turnaround.
Chief Executive Nick Read cut Vodafone's dividend for the first time in May.
Tough market conditions and a need to invest in networks forced him to drop a pledge not to trim the payout.
Vodafone shares tumbled following the move, but have recovered about 30% since.