Admiral Group plc launches a price comparison website in Spain
The Group is pleased to announce that its price comparison website in Spain, trading under the name of Rastreator, has launched from its offices based in Madrid. It is intended that various marketing campaigns will be tested over the coming months and volumes will be small during this period. The Group will provide further update when it announces its interim results for the half year ending 30 June 2009 in August 2009.
Henry Engelhardt, Chief Executive, commented, 'The managers in Spain have worked extremely hard to get the partners, systems and staff in place to launch our first overseas price comparison operation and we congratulate them on reaching this important milestone.'