Confused.com H1 profit falls by nearly half to £4.8m

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Profit for the first six months of 2015 at Confused.com fell by nearly 50% to £4.8m compared with £9.1m for the corresponding period last year.

The company's revenue also fell by 12% to £38.9m for the six months to June this year set against £44.4m in 2014.

Results were impacted by limited overall growth in the price comparison market and investment in the current marketing campaign according to Confused.com.

Its parent company Admiral Group posted a 1% increase in half-year 2015 profit before

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