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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Gocompare.com - Marketing margins jump 230 basis points

April 2018

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • GOCO
  • Price:
  • 113p
Gocompare announced strong full year results with revenues, operating profit and eps rising 5.1%, 19.8% and 13.5%, respectively, to £149.2m, £36m and 6.5p. Strong cash flow reduced net debt  / EBITDA from 1.7x to 1.1x.To recap, the company owns the price comparison website gocompare.com, which allows shoppers to filter and compare insurance products based on price, features, reviews and other criteria. There are over 600 insurance brands on its website across more than 40 products in areas such as car, van, home, pet and travel. Last year it generated savings made by customers of £1,187m, up almost 18% year-on-year, while average revenue per transaction rose almost 5% to £4.67.A key driver of grow ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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