Moneysupermarket.com hitting forecasts

Price comparison website Moneysupermarket.com today said its full-year outlook was in line with expectations after posting solid first-half results boosted by its money and insurance divisions.

The group, which uses actor and comedian Omid Djalili in its advertising, said adjusted earnings before interest, tax, depreciation and amortisation fell 3% to £18.1 million, off revenues up 4% at £71.6 million.

The firm, which said in July that its tough travel markets had offset revenue growth in money and insurance products, said it had also increased its investment programme in building new products and the brand.

"Group trading in July has been broadly in line with the first half of the year, with travel improving slightly," Moneysupermarket.com said.

"Overall our trading outlook for the full year remains in line with the board's expectations."