15th Jul 2015 06:39
LONDON (Alliance News) - Moneysupermarket.com Group PLC Wednesday said that revenue growth slowed, as expected, in the second quarter of its financial year.
In a statement, the price comparison website company said second-quarter revenue grew by 10% to GBP67.2 million year-on-year.
Revenue for the first half ended June 30 was up 18% at GBP143.9 million.
Moneysupermarket said the "key drivers" in the second quarter were in insurance, where it has seen a "marginal increase" in car insurance premiums, and money, boosted by a "highly competitive" credit card market and "some competition" in current accounts.
Revenue from energy comparison benefited from "growing adoption" of energy collective switches, the company said.
By Samuel Agini; [email protected]; @samuelagini
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