Profits up at Gocompare

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Parent company esure sees underlying profit fall 21% at the start of the year.

Gocompare has reported an increase in pre-tax profit of 25% for the first six months of 2015 to £13.4m.

The result came as revenue remained flat at £59.6m (H1 2014: £59.1m).

The aggregator stated that expenses fell by 4.5% to £46.2m mainly due to reduced media spend. However it committed to increase its advertising in the second half of the year with a new marketing campaign featuring Gio Compario.

Parent company esure, which in December last year bought the 50% of Gocompare it did not already

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