Trading Statement

Released : 11 Jul 2014 07:00

RNS Number : 0177M Group PLC
11 July 2014

Post Close Trading Statement Group PLC ("" or "the Group"), the UK's leading price comparison site, issues the following trading update relating to the six month period ending 30 June 2014.


Half year revenues are expected to be in the region of £122m approximately 9% ahead of the same period last year, adjusted EBITDA is also 9% ahead, and in line with the Board's expectations.  


Trading growth in the second quarter was a little stronger than the first quarter.

As at 30 June 2014 the Group had net debt of £21.0m.


For more information, please contact: Group PLC

Matthew Price, Chief Financial Officer, 020 7379 5151



William Clutterbuck, 020 7379 5151



This trading statement may contain forward-looking statements based on current expectations of, and assumptions and forecasts made by management. Forward looking statements involve known and unknown risks, assumptions, uncertainties and other factors which may cause the actual results, performance or achievements of the Group to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. Except as required by the Listing Rules and applicable law, the Group undertakes no obligation to update, revise or adjust any forward looking statements to reflect events or developments occurring after the date such statements are published.

The information in this release is based upon management information.


This information is provided by RNS
The company news service from the London Stock Exchange