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Trading statements

Moneysupermarket.com eyes strong FY results

19 January 2017 07:25

Moneysupermarket said it expects to deliver strong FY results with revenues seen up 12% to £316m and adjusted operating profit rising by about 8% to £108m.

Group revenues for the three months to end-December 2016 were up 20% to £73.8m, and for the year to the same date were up 12% to £316.4m.

CEO Peter Plumb said that 20% group revenue growth in the final quarter of 2016 closed off another good year for the company.

"Our technology, data and brand investment programmes are positioning the Group to continue to lead the market and help more families save money across a growing range of products in the years ahead," he said.

Revenue for moneysupermarket.com in the FY was up, as was that for moneysavingexpert.com. However, travelsupermarket.com saw revenues fall.

Story provided by StockMarketWire.com

Related Company: MONY

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