Profits up at Gocompare in 2017

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Gocompare has revealed a 54% rise in profit after tax to £24.4m for 2017.

Operating profit was also up at £33m (2016: £21.9m).

Revenue at the aggregator increased from £142.1m in 2016 to £149.2m.

The business, which rejected a bid of £460m from Zoopla-owner ZPG late last year having demerged from Esure in 2016, reported that the insurance segment of the business delivered 4.7% growth in 2017 with revenue up £6.2m to £139.9m.

It stated this was achieved through a greater number of

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