Moneysupermarket.com half year sales shine

Price comparison site Moneysupermarket.com said half year revenue rose 15 per cent to around £102m for first six months of the year.

The group said trading in the second quarter remained strong against a strong comparative last year, which included the sponsorship of Britain's Got Talent.

The board anticipates results to be in line with expectations with half-year revenues to be in the region of £102m and adjusted EBITDA to be approximately £28.5m, which are roughly 15% and 24% ahead of the same period last year respectively.

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Moneysupermarket.com said its financial position remains strong. As at 30 June 2012 the group had cash balances of £36.7m.

CJ