Gocompare.com Group plc reported trading update in respect of the six months ended June 30, 2017. The group has made good progress during the year to date, with revenue for the six months ended 30 June 2017 of approximately £75.8 million, 4% up on first half 2016.

Adjusted operating profit is expected to be approximately £17.5 million, which represents growth of 22% compared to first half 2016, driven primarily by an improvement in marketing margin. Cash generation continues to be strong, with lbeverage reducing to 1.5x compared to 1.7x at 31 December 2016 and 2.8x at the time of the demerger.