Moneysupermarket.com Group PLC (LSE:MONY) said it expects full year earnings to be around the upper end of market expectations after a period of exceptional trading in the second quarter led to the first half being ahead of expectations.
The market has been expecting underlying earnings (EBITDA) for 2022 in a range of £104.4mln to £109.7mln.
In April, the price comparison site said it expects full-year EBITDA to increase to around 2020 levels, which were £107.8mln.
For the first half of 2022, revenues grew 19% to £193.2mln, adjusted EBITDA rose 10% to £56.6mln and pre-tax profit was up 20% to £33.7mln, with a "strong" performance in money and travel channels, partially offset by the closing of the energy switching market.
The FTSE 250-listed company continues to expect the energy switching market to remain closed this year.
The interim dividend was maintained at 3.1p.
"As the cost-of-living crisis bites, we're doing all we can to help the British consumer. We've performed well with strong profit growth despite some mixed end markets," said Peter Duffy, chief executive.