Price comparison website Moneysupermarket.com said it has made a good start to the second quarter as strength at its money and insurance division offset a weaker performance at its travel section.
Internet revenue increased 14% in the first quarter from a year earlier while core earnings climbed 12% as cash conscious consumers looked for competitive online deals.
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Revenue at its insurance division was up 13% with visitor numbers rising 9%. Revenue at its home services unit, used to compare utility prices, rose a touch.
Its travel section continued to struggle over the last year as consumers put off potential holiday deals on the website. Revenues and visitor numbers were both down 11% as consumers tighten their purse strings.
The group, which has started a new package holidays channel, said it was performing well.
Revenues at its money unit, which lets consumers compare banking products, surged 22% while visitor volumes jumped 20%.
Overall the group said it traded in line with company expectations during the year as consumers continue to hunt out better deals.
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