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Moneysupermarket: ‘High levels of switching’ as Brits search for a deal amid rising car insurance prices Insurance Moneysupermarket has reported revenue growth of eight per cent in its first quarter to £114.6m, up from £106.3m in the same period of 2023.
Consumers shopping for insurance deals help Moneysupermarket to record revenue Business "The combination of high levels of premium price inflation and the cost-of-living squeeze resulted in high levels of search traffic with consumers seeking a better deal," the company said.
In the money: Moneysupermarket.com revenue swells amid travel return INSURANCE Price comparison platform Moneysupermarket.com has continued to see buoyant revenue after the return of summer holidays and business travel. In quarterly results on Tuesday, Moneysupermarket said recent performance had exceeded expectations and its full-year EBITDA would sit “towards the upper end of market expectations”. The London-listed company celebrated revenue of £101.9m, up one third, for [...]
Moneysupermarket posts better-than-expected results due to surging demand for bank comparison services July 21, 2022 Price comparison website Moneysupermarket today said its first half performance was “ahead of expectations” after 19 per cent higher revenues saw its pre tax profits grow 20 per cent compared to last year. The website said its financial performance was boosted by returning demand from travel insurance comparison services and “exceptional” trading in its banking [...]
Moneysupermarket acquires cashback platform Quidco October 19, 2021 Moneysupermarket.com has agreed to acquire the cashback website Quidco. Moneysupermarket.com Financial Group has agreed to buy all of the issued share capital of Maple Syrup Media, trading as Quidco, on a debt-free, cash-free basis. The initial consideration is £87m in cash with a further £14m deferred. Moneysupermarket.com said Quidco would benefit from its capabilities, including [...]
Moneysupermarket profit drops as demand for travel insurance and credit products falls February 18, 2021 Moneysupermarket, the financial services price-comparison platform, suffered a fall in profit and revenue last year as lockdown restrictions caused a drop in demand for insurance and credit products. Moneysupermarket, which also owns the advice website Moneysavingexpert, said profit after tax fell 27 per cent from £94.9m in 2019 to £69.3m last year. Group revenue was [...]
Moneysupermarket share price dips as Simon Nixon cuts stake in website and rakes in £56m May 19, 2015 Entrepreneur Simon Nixon yesterday sold off a 3.7 per cent stake in Moneysupermarket.com, the price comparison website he set up in 1999, making him £56m. The sale of 20m shares, announced yesterday by Credit Suisse, cuts Nixon’s stake in the company down to 12.8 per cent. At 280p per share, the sale netted him [...]
Moneysupermarket share price falls as 6.4 per cent share sale is scrapped March 25, 2015 Moneysupermarket.com became the biggest faller on the FTSE 250 in early trading after the sale of a 6.4 per cent stake in the business was cancelled. Shares in the business fell 5.5 per cent to 270p – although they have climbed by more than a fifth this year. The insurance comparison site's founder, Simon Nixon, [...]
Moneysupermarket.com loses non-executive directors Michael Wemms and Robin Klein March 9, 2015 Moneysupermarket, the price comparison site, yesterday announced the departure of two senior directors. Michael Wemms and Robin Klein announced they would be standing down from the board at the company’s annual general meeting on 30 April. Wemms, who has been the senior independent non-executive director since the site’s listing in 2007 and chaired the company’s [...]
MoneySuperMarket invites customers to crush a car in latest stunt October 7, 2014 As far as publicity stunts go, MoneySuperMarket is getting a raft of attention at the moment with its Epic Car Insurance Car Crusher. The price comparison site is offering customers a chance to crush a real car with a giant metallic claw. The gigantic 6,000kg robotic hand crusher is available for 48 hours, until 9pm [...]