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Sophia Taha

Member Article

Chester’s Moneysupermarket.com profit after tax up 52%

Chester-based Moneysupermarket.com report profit after tax of £52.8 million, up 52% compared to last year.

The group report that revenues are up across the business with Insurance revenues up 8% and Money revenues up 13%.

TravelSupermarket.com has seen its revenues increase by 28%, due to ongoing investment in technology.

Moneysupermarket.com Group chief executive officer, Peter Plumb, said: “Our three well-trusted brands helped more than 40 million users make the most of their money in 2014.

“We invested over £16 million in our websites and systems and will do the same in 2015 to ensure we lead the market as the easiest and best way for families to save money on their household bills. Following 10% revenue growth in 2014, the group has started the year well and is on track to save more families more money than ever before.”

This was posted in Bdaily's Members' News section by Sophia Taha .

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