LONDON (dpa-AFX) - Moneysupermarket.com Group PLC (MONY.L) reported Tuesday that its growth in the third quarter was ahead of expectations, with revenue up 33 percent from last year to 101.9 million pounds.
Cashback revenues were 13.7 million pounds.
Revenue in the quarter, excluding Cashback, grew 15 percent, driven by strong growth in Money and travel channels.
Insurance revenue of 45.3 million pounds increased 10 percent, and the growth was 42 percent in Money. Travel revenues surged 204 percent. Meanwhile, Home Services revenues fell 26 percent.
Looking ahead, the Board now expects full-year EBITDA to be towards the upper end of market expectations.
Peter Duffy, CEO of Moneysupermarket, said, 'There are early signs of improving trends in the Insurance market, and in Money more consumers are finding attractive products to switch to. Our strong brands are well equipped to support consumers at this critical time.'
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