jeffmack
- 08 Jul 2008 16:08
Had these on my watch list when they were tipped in a newspaper a couple of months ago at about 1.20.
Todays fall looks a bit overdone so I have bought a few at 57p
HARRYCAT
- 25 Jan 2017 10:15
- 99 of 106
Barclays Capital today reaffirms its equal weight investment rating on Moneysupermarket.com Group PLC (LON:MONY) and raised its price target to 345p (from 335p).
HARRYCAT
- 28 Feb 2017 09:48
- 100 of 106
StockMarketWire.com
Monysupermarket.com has lifted its FY after-tax profit to £73.5m, from £63.4m, but warns group revenues in the current year are behind those in 2016.
The outfit bumped up its dividend for the period to 9.85p a share, from 9.15p. Group revenue was £316.4m, from £281.7m.
CEO Peter Plumb said Moneysupermarket.com saved nearly 7m families £1.8bn on their household bills in 2016, which helped us grow revenues by 12%.
"This adds up to another great year for the Moneysupermarket Group. We increased the dividend 8% and are announcing a £40m share buyback," he said.
"Our technology investment programme is equipping us to save more families more money on a wider range of bills in the years ahead. Using data to make comparison more personalised, more informed, quicker and easier is differentiating us from other comparison sites."
However, looking ahead, the company said insurance revenues and the core Money business (credit cards and loans) delivered strong growth in the first two months of the year.
Low interest rates continued to weaken savings and current account switching and Energy is trading lower, as we have not yet run a collective switch, said Moneysupermarket.com in a statement.
"Consequently, Group revenues are currently behind last year. The Board is confident of delivering its expectations for the year."
HARRYCAT
- 27 Mar 2017 10:30
- 101 of 106
Liberum Capital today reaffirms its hold investment rating on Moneysupermarket.com Group PLC (LON:MONY) and raised its price target to 345p (from 325p).
HARRYCAT
- 17 Oct 2017 09:42
- 102 of 106
StockMarketWire.com
Moneysupermarket.com said revenue grew by 6% in the third quarter and that it remained confident of meeting full-year expectations.
Revenue for the three months through September grew to £90.2m, pushing revenue for the first nine months of the year up 5% to £255.5m.
"We are on track for another record year because we are helping more people save more money across their household bills: from insurance and credit cards to holidays, broadband and energy," chief executive Mark Lewis said.
"We're particularly encouraged by the continued growth of insurance, and momentum in energy switching, as families look to find better deals."
HARRYCAT
- 22 Feb 2018 12:01
- 103 of 106
StockMarketWire.com
Moneysupermarket.com increased its revenue by 4% to £329.7m in 2017, with profit after tax up 6% to £78.1m.
Insurance growth was very strong at 12%, helped by positive market conditions as well as internal initiatives such as pricing investments and additional online marketing.
Revenue in Home Services reduced by 22% to £39.6m, driven by significantly lower levels of switch activity - where customers sign up to collectively take advantage of one-off deals.
Money picked up in the second half of the year, growing at 3% overall.
TravelSupermarket.com revenue increased by 4% to £23.3m.
The company has increased its total dividend up 6% to 10.44p.
It has plans to extend price comparison and add new market growth with innovations to further personalise price comparison. To achieve this, it is investing £5m to build out its product engineering teams. Core markets are expected to grow at around 6-7% but the company forecasts growth to be slower than that in 2018, accelerating afterwards.
It has started the year at a similar growth rate to last year, meaning adjusted EBITDA for 2018 is expected to be broadly flat before growth resumes from 2019 onwards. Moneysupermarket.com expects to incur one-off transitional costs of £6-9m during 2018, relating to the reorganisation.
Mark Lewis, Moneysupermarket.com chief executive officer, said: "In 2017, customers saved more through us than ever before - £2bn. And we're not stopping there. We are committed to leading the way in price comparison to make saving with us easier, quicker and simpler. Our goal is to offer our customers ways to save that they didn't know existed and to do so in a way that is as effortless as we can make it."
HARRYCAT
- 18 Apr 2018 09:49
- 104 of 106
StockMarketWire.com
Price comparison group Moneysupermarket.com said its revenue grew 4% in the first quarter, line with its expectations.
Revenue in the three months through March rose to £88.3m, up from £85.0m on-year.
'Trading is on track in this year of transformation as we reinvent the business to help people save more money,' chief executive Mark Lewis said.
'We are expanding our product engineering hub in Manchester to improve the customer journeys on our sites and plan to unlock future growth with the agreement to acquire Decision Tech - a leader in home communications price comparison and white label B2B comparison services.'
HARRYCAT
- 07 Aug 2018 08:25
- 105 of 106
StockMarketWire.com
Moneysupermarket.com Group said it had completed the UK merger control process in respect of its proposed acquisition of Decision Technologies.
The final condition for completion of the deal had now been met and the company said it expected to complete the acquisition in the next two weeks.
'Following the acquisition we look forward to helping more people save more money from their home bills, by making it easier for people to find the best deals in the market across many categories, especially the growing home communications market,' the company said.
HARRYCAT
- 11 Oct 2018 10:13
- 106 of 106
StockMarketWire.com
Money-saving website Moneysupermarket.com reported total revenue for the nine months to 30 September 2018 grew 6% to £270.1m, with all business areas seeing growth over the period.
In the third quarter alone, total revenue climbed 7% year on year to £96.4m. The Insurance business grew, despite a falling premium cycle, while Money saw positive momentum supported by improving conversion.
"Trading continues on track as we reinvent the business to help our customers save more money. Decision Tech is now on board with its B2B comparison expertise. Energy switching in our Home Services business was better than expected with customers taking advantage of great 18 month fixed deals to beat rising prices," said Mark Lewis, CEO of Moneysupermarket Group.
Looking forward, the Board remained confident it would meet current market expectations for the full year.