Go Compare increases annual turnover by 53%
Go Compare has made a £12m profit during the 2009 financial year following the £4m loss recorded for 2008.
The comparison site said the result was based on a 53% increase in annual turnover from £49m in 2008 to £74.9m in 2009 and an uplift in consumer response from increased brand awareness.
The company has also fully repaid its £30m loan facility agreed early in 2007 with insurer esure which it used to fund the marketing that has boosted Gocompare's growth since this date.
CEO Hayley Parsons said: "We are delighted with these results - they show an efficient business competing strongly in a growing
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