Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email in the first instance.

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Tuesday 22 April, 2008

Interim Management Statement Group PLC
22 April 2008 Group PLC Interim Management Statement

22 April 2008

In advance of its AGM to be held at 10.30am today, Group
PLC ('' or the 'Group'), the UK's leading price comparison
site, announces its Interim Management Statement relating to the period from 1
January 2008 to the latest practicable date prior to the publication of this
statement, being 21 April 2008. The financial and operational data set out below
is in respect of the Group's first quarter (1 January 2008 to 31 March 2008)
unless otherwise stated.

The financial results for the Group for the first quarter, and the performance
of the Group in the year to date, are in line with the Board's expectations. We
have made a solid start to the year with Group revenues having grown by more
than 30% over the same period last year.

The Money vertical has enjoyed revenue growth in excess of 10% in the first
quarter compared to the same period last year. Visitor growth has also continued
to remain strong with growth rates in excess of 15% over the same period last
year. Trading within loans and mortgages has been challenging. However, revenues
in these channels have been broadly flat in the first quarter compared to the
same period last year in what for the financial services industry as a whole has
been a declining market. The credit cards and savings channels have continued to
see significant growth driven both by improved commercial terms with providers
together with a significant increase in visitors. With mortgage approvals
reported to be 40% down, the performance of our business shows the benefit of a
difficult market to the price comparison channels.

The Insurance vertical has maintained the momentum seen in the second half of
2007. Revenue has grown in excess of 50% over the first quarter last year with
each of the major channels performing well. Visitors have grown in excess of 30%
(1). We have also seen improvements in Revenue per Visitor from improved
commercial terms with providers and continued improvements in conversion rates
on provider sites.

The Travel vertical has also delivered strong results with revenues and visitors
in excess of 50% ahead of the same period last year.

Revenues in Home Services are more than 100% ahead of the first quarter last
year primarily from increased revenues in the Utilities channel. Visitors to the
Home Services vertical have grown by more than 30%.

The intermediary business has performed in line with expectations with revenues
marginally down on the same period last year, impacted in part by the turbulent
credit markets.

As indicated at the time of the preliminary results we have seen a stepped
increase in our cost base. Costs have increased, in line with plan, as a result
of the introduction of a dual data centre to provide business continuity and
investment using temporary resource to further increase the scalability and
resilience of the Group's technology offering together with costs of the German
operation. The Board does not anticipate a further step up in the cost base
during the remainder of 2008.

The underlying UK business continues to generate EBITDA margins in excess of
30%, which is broadly in line with the second half of last year.

As the Group enters the second quarter, growth rates continue to remain strong
and the current financial year continues to progress in line with the Board's
expectations. The Group is well positioned in each of its chosen markets and
remains confident in its growth prospects.

Simon Nixon, Chief Executive Officer said 'We have made a solid start to the
year with over 30% revenue growth year on year. This highlights the resilience
of our business model, the strength of our market position and the benefits of
our diversification into a number or verticals.'

Contact details Group PLC

Paul Doughty                Chief Financial Officer      020 7353 4200
Alexander Cowen-Wright      Public Relations Manager     07802 455893

Tulchan Communications

David Trenchard                                          020 7353 4200

Celia Gordon Shute                                       020 7353 4200

(1) As noted in the prospectus in connection with its listing, the Group's
visitor numbers during the period between June 2006 and May 2007 were
understated due to certain visitors not being assigned a unique global user ID.
The issue was resolved in May 2007 and has not impacted visitor numbers in the
Insurance vertical after May 2007. The Group has been unable to quantify the
exact extent of the understatement.


   •This announcement includes statements that are forward looking in nature.
    Forward looking statements involve known and unknown risks, assumptions,
    uncertainties and other factors which may cause the actual results,
    performance or achievements of the Group to be materially different from any
    future results, performance or achievements expressed or implied by such
    forward looking statements. Except as required by the Listing Rules and
    applicable law, the Group undertakes no obligation to update or change any
    forward looking statements to reflect events occurring after the date such
    statements are published.
   •The information in this release is based on management information.

                      This information is provided by RNS
            The company news service from the London Stock Exchange