Moneysupermarket today said its financial performance in the third quarter and in the year to date is in line with the board's expectations.
It added internet revenues were 11% ahead of the same period last year as the group continued to benefit from new site launches made in its money and insurance verticals earlier in the year.
EBITDA was 16% ahead of the same period, according to Moneysupermarket, which added visitors were broadly flat compared to the same period last year with increased visitors in the insurance and home services verticals offsetting reductions in money and travel.
In its interium statement Moneysupermarket added: "Insurance revenues were 13% ahead of Q3 2009 and visitor volumes eight per cent ahead of the same period last year.
"The group saw growth across all of its major insurance lines including motor, home, travel and life insurance. Motor insurance in particular continues to perform very strongly benefiting from good visitor growth from the 'Haggle Hero' TV advertising campaign and the launch of the new motor site earlier in the year which has helped improve conversion."
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Strong numbers from MoneySuperMarket.com, as with the rest of the Life insurance sector. Unfortunately for us in the UK it means more of those annoying adverts on TV no doubt. If GoCompare.com isn’t on the brink of bankruptcy when they release their numbers I’m giving up my TV License.
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