Moneysupermarket.com sees growth accelerate in second quarter

11th Jul 2014 08:00

Price comparison website Moneysupermarket.com has said that growth picked up in the second quarter of the year.After reporting 8% revenue growth in the first quarter, the company had said in April that the first few weeks of the second quarter were "flat with last year".However, in a brief trading update on Friday, the company said that half-year revenues for the six months to June 30th will total £122m, around 9% higher than the year before, implying a decent pick-up in activity towards the end of the second quarter.Adjusted earnings before interest, tax, depreciation and amortisation will also rise 9% from the £39.9m recorded in the first half of 2013, in line with its expectations."Trading growth in the second quarter was a little stronger than the first quarter," the firm said.BC