Gocompare delivers £34.7m profit

Hayley Parsons

Gocompare.com has announced a £34.7m pre-tax profit for 2011, a 15% increase on 2010.

The comparison site confirmed that turnover increased to £108.9m in the year (2010: £101.5m) and its profit margin rose 31.8%. Staff numbers were also up 15% during the year.

The company highlighted that part of the reason for the uplift was that its marketing campaign, led by opera singer Gio Compario, had continued to work effectively.

Hayley Parsons, chief executive officer at Gocompare, said: "These results are well in line with our expectations and reflect the continued appeal of our

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