People looking to find cheaper car and house insurance continue to drive revenues higher at Moneysupermarket.com, with interim revenues up by 8% to £115 million.
Insurance revenues rose by 21% with travel 10% ahead while the newly launched SuperSaveClub hit 300,000 members and 10 products.
Moneysupermarket added it remains confident in meeting market expectations for 2024 of 139.8 million EBITDA with a range of £133.7 million to £143.7 million
Analysts at broker Peel Hunt highlighted the fact the shares are trading on a 13 times forward price-to-earnings ratio. "We maintain our buy rating,” they said.
Shares eased 1% to 217.8p on Tuesday.