Trading Statement

RNS Number : 3637H

Moneysupermarket.com Group PLC

11 July 2012

 



11 July 2012

Post Close Trading Statement

Moneysupermarket.com Group PLC ("Moneysupermarket.com" or "the Group"), the UK's leading price comparison site, issues the following trading update relating to the six month period ending 30 June 2012.

Group trading in the second quarter remained good against a strong comparator period which included the sponsorship of Britain's Got Talent.  The Board anticipates results to be in line with expectations with half year revenues to be in the region of £102m and adjusted EBITDA to be approximately £28.5m, which are approximately 15% and 24% ahead of the same period last year respectively.

The Group's financial position remains strong. As at 30 June 2012 the Group had cash balances of £36.7m.

For more information, please contact:

Moneysupermarket.com Group PLC 

Paul Doughty, Chief Financial Officer, 01244 665700

Maitland

Sam Turvey, 020 7379 5151

·      This trading statement may contain forward-looking statements based on current expectations of, and assumptions and forecasts made by management. Forward looking statements involve known and unknown risks, assumptions, uncertainties and other factors which may cause the actual results, performance or achievements of the Group to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. Except as required by the Listing Rules and applicable law, the Group undertakes no obligation to update, revise or adjust any forward looking statements to reflect events or developments occurring after the date such statements are published.

·      The information in this release is based upon management information.

 

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