MONEYSUPERMARKET.COM GROUP PLC 30/07/2014
Moneysupermarket.com Group PLC interim results for the six months to 30 June 2014
Moneysupermarket.com Group PLC ("MoneySuperMarket.com" or the "Company"), the UK's leading price comparison website, announces its interim results for the 6 months to 30 June 2014.
| Financial highlights |
Six Months Ended June 2014 |
Six Months Ended June 2013 | Change |
| Group revenue | £122.4m | £112.3m | 9% |
| Gross profit | £94.4m | £86.7m | 9% |
| Adjusted EBITDA | £43.6m | £39.9m | 9% |
| Statutory profit after tax | £21.0m | £15.1m | 39% |
| Underlying profit after tax* | £17.1m | £14.9m | 14% |
| Adjusted EPS | 5.6p | 5.2p | 6% |
| (Net debt)/ net cash | (£21.0m) | £25.4m | n/a |
| Interim dividend for the period | 2.31p | 2.16p | 7% |
* Underlying profit after tax excludes share of profits from associates and profit on disposal of associates.
The capital investment programme in our technology and data asset is on track, with investment of £7.8m so far of a forecast £17m for the full year.
Peter Plumb, MoneySuperMarket.com plc Chief Executive Officer, said:
"It's been a good first half of 2014, with good revenue growth in our MoneySuperMarket, MoneySavingExpert and TravelSupermarket brands. Group revenue and profits were 9% higher than the first half of 2013.
"Helping customers with new ways to save money and select the products they need means we have to invest in our business. And that's just what we're doing, spending £17m this year to enhance our site for customers, whether they choose to use mobiles, tablets or desktop PCs to compare prices, features and products."
Results presentation
There will be a presentation for investors and analysts at UBS, 1 Finsbury Avenue, London, EC2M 2PP at 9.30am this morning. The presentation will be streamed live. Visit: http://corporate.moneysupermarket.com/ to register and listen.
For further information, contact:
Matthew Price, Chief Financial Officer, MoneySuperMarket.com
Tel: 0207 379 5151
William Clutterbuck, Maitland
Tel: 0207 379 5151
View the full Interim Announcement 2014 in PDF format. (560KB)
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