Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Moneysupermarket.com reported a 15% increase in first-half Group revenue as its Reinvent strategy accelerated core growth and unlocked new market growth, while it said it was "confident" it would meet market expectations this year.
Group revenue grew 15% to £199.4m for the six months to 30 June, which it said was ahead of the market. It said this was driven by "exceptional" energy switching, the acquisition of Decision Tech last August and the firm's ongoing optimisation of customer experience.
Excluding the acquisition of Decision Tech, revenue grew 8%.
"We grew the business strongly in the first half, already helping households save over £1bn this year," said CEO Mark Lewis.
Adjusted EBITDA, meanwhile, grew 17% to £72.9m (or 15% if 2018 is adjusted for IFRS 16), while operating profit climbed 18% to £61.4m.
The company announced an interim dividend of 3.10p, an increase of 5% on the prior year. The payment date would be 13 September 2019.