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Mony Group PLC on Tuesday said it was confident of meeting full-year market expectations after a first half of ‘significant progress’ which saw growth in Insurance, Home Services and Money businesses offset a decline in its Cashback arm. The Ewloe, Wales-based price comparison website operator reported pretax profit of £61.0 million in six months ended June 30, up 2.0% from £59.8 million the year prior, on record revenue of £227.1 million, up 0.8% from £225.3 million. Adjusted earnings before interest, tax, depreciation and amortisation edged up to £75.5 million from £75.1 million. Basic earnings per share rose 3.5% to 8.9 pence from 8.6p, or by 4.3% to 9.7p from 9.3p on an adjusted basis. The interim dividend was nudged up by 0.9% to 3.36p per share from 3.33p. Insurance returned to ‘good growth’ with revenue up 4% compared with the 2% drop reported a year ago as headwinds in car insurance continued to ease. Money growth of 9% was ‘strong’, with banking leading this growth driven by strong current account performance, while Home Services delivered ‘another excellent half’, with revenue up 30%. Cashback had a ‘tough’ half with revenue down 13% on-year, with ‘subdued retail spend and geopolitical disruption to package holidays weighing on travel’ and whilst conditions are gradually improving, recovery remains ‘slow and uneven’. ‘This has been a half of significant strategic progress,’ said Chief Executive Peter Duffy. Looking ahead, Mony Group said it is confident of delivering adjusted Ebitda for 2026 within the current published consensus of £140 million to £148 million compared with £145.1 million posted in 2025. Shares in Mony fell 5.0% to 194.08p each in London on Tuesday. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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