Last checked at 11 Jan 2012 07:00
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.