Moneysupermarket Q1 revenue up 8% to £92m

Chester-based price comparison website Moneysupermarket.com said on Tuesday that its first-quarter revenue rose 8% to £92.3 million — with growth in its money and travel segments offsetting a fall in its home-services unit due to energy-market disruption.

“The factors affecting our markets are unchanged from those outlined in our preliminary results in February,” said Moneysupermarket.

“The board continues to expect full-year EBITDA to increase to around 2020 levels, with profit weighted to the second half.”

Moneysupermarket Group CEO Peter Duffy said: “We are pleased with the strong recovery in Money and Travel, and continue to execute well against our strategy.

“With cost-of-living increases adding pressure to consumer budgets, our distinctive brands remain well positioned to help households save money in a broad range of areas.”

                                                                                      

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