Trading Statement

RNS Number : 3383V

Moneysupermarket.com Group PLC

11 January 2012

 



Moneysupermarket.com Group PLC

11 January 2012

Post Close Trading Statement

The Board expects full year revenues to be up circa 20% year on year at around £178 million (2010: £148.9m) and adjusted EBITDA to be around £49.5 million, an increase of approximately 21% (2010: £41m). The Group continued to trade well in the fourth quarter, with revenues up 19% year on year, supported by higher levels of marketing spend.  Revenues and EBITDA therefore each increased by around 16% in the second half compared to the same period in the prior year.

The Group financial position remains strong.  As at 31 December 2011 the Group had cash balances of £34.9 million and was debt free.

The results for the year will be announced on 28 February 2012.

For more information, please contact:

Moneysupermarket.com Group PLC

Paul Doughty, Chief Financial Officer, 01244 665700

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

 

END

 

 

TSTFMGMMNGLGZZM