Thrifty consumers can't resist comparing different holidays, insurance policies and savings accounts on Moneysupermarket.com (MONY). Total sales climbed 18 per cent to £67m in the three months ended 30 September. That was driven by its key insurance and money segments, where revenues rose 15 and 24 per cent, respectively, to £38m and £16m.
The business benefited from industry trends such as a flattening out of motor insurance premiums, which encouraged motorists to compare prices and coverage. Moreover, interest in credit cards and loans remains strong. But the group doesn't expect a repeat of last year's exceptional levels of energy switching, which boosted sales by £7m.
Broker Credit Suisse forecasts full-year cash profits of £93.6m, giving EPS of 12.3p.
