Aggregator also forecasting 26% increase to EBITDA

Moneysupermarket has announced expected revenue increases of 10% for 2013.

The price comparison website said in a trading statement released today that it was expecting revenues of £225.5m, up from £204.8m in 2012.

Moneysupermarket also anticipates earnings before interest, tax, depreciation and amortisation (EBITDA) to increase by more than a quarter to £84m for the year (2012: £66.5m).

The company had net debt of £21.1m as at 31 December 2013.

Moneysupermarket group chief executive Peter Plumb said: “Moneysupermarket had a strong second half thanks chiefly to our ability to help UK householders beat the autumn energy price hikes, with both Moneysupermarket and Moneysavingexpert helping more people switch their energy supplier than ever before.

“Travelsupermarket made good progress in 2013, demonstrating the benefit of the wide portfolio of services we offer customers to make the most of their money.

“We welcome the recent Competition Commission announcement that aims to stop those of our competitors who have been actively trying to prevent us from delivering our ‘best price’ strategy to our customers.” 

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.