Moneysupermarket hit by energy switching dip
The boss of Moneysupermarket.com, based near Chester, has hailed the company’s efforts to save its customers more than £1bn but warned that full year adjusted operating profit will be at the lower end of the consensus range.
Although the energy switching sector cooled, turnover for the six months to June topped £165m, up 5% on last year’s half-year figure of £157.6m.
Profit after tax grew 6% to just above £40m (H1 2016: £37.9m).
Chief executive Mark Lewis said: "We've helped more people take control of their househ... 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...
