Resurgent Moneysupermarket expects higher earnings

PRICE comparison website Moneysupermarket saw strong trading in the fourth quarter and expects to report full-year earnings at the upper end of market expectations in March.

The Chester-based business, which earns money from commission on the sale of mortgages, credits cards, insurance and holidays, expects full-year revenues of £149m, up 9% on last year's £136.9m.

In a trading statement it forecast an adjusted EBITDA (earnings before interest, tax, depreciation and amortisation) figure of £41m, up on £36m last time... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...