Ewloe based MoneySuperMarket 44% profit rise.

News and Info from Deeside, Flintshire, North Wales

This article is old - Published: Thursday, Jul 30th, 2015

Ewloe based price comparison website Moneysupermarket.com has reported a £30m rise in profit in the six months to June.

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Revenues rose by 30% helped by a more mobile responsive website, revenue from energy switching was a bug driver rising by 93%

The company invested £8m in technology at its Ewloe HQ, part of a three-year investment programme.

Peter Plumb, Moneysupermarket.com Chief Executive Officer, said:

“We helped 3 million families save on their household bills in the first six months of 2015. Revenues grew 18% while we put more into tech investment to make MoneySuperMarket and TravelSupermarket the easiest way for families to make their money go further.”

The company expect the second half of the financial year to be slightly tougher with prospects for the full year to be modestly ahead of its previous expectations.