BGL Group's income and profits grow
The group said the success of its price comparison site Comparethemarket.com has helped boost profits
BGL Group has achieved a 3% growth in income to £287m of for the year ending June 2009, compared to the previous year.
Pre-tax profit has risen by 24% to £54m while the number of customers is 2.2 million. In a statement, the company said the rise in profits was due to growth within the group’s price comparison site, Comparethemarket.com, the addition of new affinity partners for Junction and the ongoing performance of its own brand insurance products.
BGL Group chief executive, Peter Winslow
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