Advertisement
UK markets closed
  • NIKKEI 225

    40,168.07
    -594.66 (-1.46%)
     
  • HANG SENG

    16,541.42
    +148.58 (+0.91%)
     
  • CRUDE OIL

    83.11
    +1.76 (+2.16%)
     
  • GOLD FUTURES

    2,254.80
    +42.10 (+1.90%)
     
  • DOW

    39,807.37
    +47.29 (+0.12%)
     
  • Bitcoin GBP

    56,085.17
    +1,406.96 (+2.57%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • NASDAQ Composite

    16,379.46
    -20.06 (-0.12%)
     
  • UK FTSE All Share

    4,338.05
    +12.12 (+0.28%)
     

Moneysupermarket.com's insurance growth keeps it on track

LONDON, Nov 1 (Reuters) - Price comparison site Moneysupermarket.com said growth in sales of insurance helped third-quarter revenue for the group rise 12 percent to 84.9 million pounds ($104 million), giving it confidence in its outcome for the year.

The company said growth in energy contract sales, which were boosted by a campaign by its website MoneySavingExpert, as well as insurance countered a flat result in its money division, where low interest rates depressed savings switching.

It said on Tuesday it was confident of meeting full-year expectations.

Analysts expect the group to make adjusted operating profit of 105.9 million pounds, according to a consensus on its website. ($1 = 0.8179 pounds) (Reporting by Paul Sandle, editing by James Davey)