LONDON (dpa-AFX) - MoneySupermarket.com Group Plc (MONY.L) provided interim management statement relating to the period from January 1, 2012 to date.
The company noted that its financial performance in the first quarter was in line with the Board's expectations. Internet revenues and EBITDA for the first quarter were respectively 14% and 12% ahead of the same period a year ago. Visitors to the Moneysupermarket.com website were 15% ahead with visitors increasing across the money, insurance and home services verticals while travel visitors were 11% lower.
Revenues in the Money vertical were 22% ahead of prior year on visitor volumes that were 20% higher. Revenues in the Insurance vertical were 13% ahead and visitor volumes were 9% ahead of the same period last year. Revenues in the Home Services vertical were fractionally ahead with visitors 12% ahead of the comparable period last year. Revenues in the Travel vertical were 11% lower on visitor volumes that were also 11% lower.
Peter Plumb, chief executive officer, commented, 'MoneySupermarket.com has made a good start to 2012 .We have seen solid growth in our Money and Insurance businesses as consumers continue to use us to make their money go further. We have continued to invest in both our brand and technology which should mean the Group is well placed to make further progress through the course of the year.'
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© 2012 AFX News
