Moneysupermarket.com confident for year ahead

4th May 2011 07:56

Price comparison website Moneysupermarket.com said it remains confident in prospects for the full year as consumers increasingly use its website to look for the best deals.The group, which offers money, travel, insurance and home services channels, said it is trading well ahead of the same, relatively weak, period last year.Internet revenues were up 22% and visitors for the first quarter rose 13% from the same period last year.Chief executive officer Peter Plumb said, "moneysupermarket.com has made a strong start to 2011 - building on the momentum from a great performance last year when we saved our customers £750m."Revenues at its Money channel were 28% ahead of the same period last year.He added, "Given the uncertain outlook for consumer spending, our offer has never been more relevant for consumers. Against that backdrop, we remain confident that our clear programme of continued investment in technology and brand will ensure moneysupermarket.com makes further good progress this year."CJ