Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMoneysupermarket.Com Regulatory News (MONY)

Share Price Information for Moneysupermarket.Com (MONY)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 227.00
Bid: 228.40
Ask: 229.60
Change: -6.00 (-2.58%)
Spread: 1.20 (0.525%)
Open: 232.40
High: 235.00
Low: 227.00
Prev. Close: 233.00
MONY Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Interim Management Statement

18 Apr 2012 07:00

RNS Number : 5424B
Moneysupermarket.com Group PLC
18 April 2012
 



MoneySupermarket.com Group PLC - Interim Management Statement

 

18 April 2012

In advance of its Annual General Meeting to be held at 11.00am today, MoneySupermarket.com Group PLC ("MoneySupermarket.com" or the "Group"), the UK's leading price comparison website, issues the following Interim Management Statement relating to the period from 1 January 2012 to date. The financial and operational data below is in respect of the Group's first quarter (1 January 2012 to 31 March 2012) unless otherwise stated.

 

The Group's financial performance in the first quarter was in line with the Board's expectations. Internet revenues and EBITDA for Q1 were respectively 14% and 12% ahead of the same period last year. Visitors to the Moneysupermarket.com website were 15% ahead with visitors increasing across the Money, Insurance and Home Services verticals while Travel visitors were 11% lower.*

 

Money

 

Revenues in the Money vertical were 22% ahead of Q1 2011 on visitor volumes that were 20% higher.

 

Revenues from credit products (credit cards, loans, mortgages and debt solutions) were 14% ahead of the same period last year. Slower growth in credit card revenues was more than offset by strong growth in loans.

 

Revenues from non-credit products, which include savings, current accounts and advertising revenues, improved by 42% driven in particular by growth in savings and current accounts.

 

Insurance

 

Revenues in the Insurance vertical were 13% ahead and visitor volumes were 9% ahead of the same period last year. Motor insurance saw strong growth and life insurance continued to perform strongly, building on the momentum of the second half of 2011

 

Home Services

 

Revenues in the Home Services vertical were fractionally ahead with visitors 12% ahead of the same period last year. Utilities revenues, which account for the majority of revenue in the Home Services vertical, were flat.

 

Travel

 

Revenues in the Travel vertical were 11% lower on visitor volumes that were also 11% lower. Market conditions continue to be challenging across the flights and hotels channels, with consumers continuing to manage their discretionary spending tightly. Our package holidays channel, however, continues to perform well, in part reflecting the investment made in the new channel in 2011.

 

 

Financial position

 

The Group continued to be cash generative and as at the end of March 2012 had cash balances of £36.6m.

 

Current trading

 

The Group has made a good start to Q2, with relative revenue and profitability to date ahead of Q1 run rates.

 

 

 

 

Peter Plumb, Chief Executive Officer, said:

 

"MoneySupermarket.com has made a good start to 2012 .We have seen solid growth in our Money and Insurance businesses as consumers continue to use us to make their money go further. We have continued to invest in both our brand and technology which should mean the Group is well placed to make further progress through the course of the year'.'

 

* Internet KPIs including vertical and Group visitor numbers and vertical revenue numbers exclude Financial Services Net Limited and Local Daily Deals. The directors believe that this enables the users of the financial information to gain a better understanding of the financial performance of the business.

 

- Ends -

 

 

 

 

For more information, please contact:

 

Moneysupermarket.com Group PLC 0207 3795151

Paul Doughty, Chief Financial Officer

 

Maitland Communications 0207 3795151

William Clutterbuck

 

This interim management statement may include 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, revise or change any forward looking statements to reflect events or developments 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
 
END
 
 
IMSGGURGCUPPGBM
Date   Source Headline
11th Jun 20136:00 pmRNSDirector/PDMR Shareholding
11th Jun 20136:00 pmRNSDirector/PDMR Shareholding
11th Jun 20133:22 pmRNSDirector/PDMR Shareholding
10th Jun 20133:46 pmRNSDirector/PDMR Shareholding
10th Jun 20133:40 pmRNSHolding(s) in Company
7th Jun 20134:35 pmRNSDirector/PDMR Shareholding
7th Jun 20134:34 pmRNSHolding(s) in Company
6th Jun 20135:57 pmRNSHolding(s) in Company
5th Jun 20133:25 pmRNSResult of Placing in Moneysupermarket Group PLC
5th Jun 20137:03 amRNSSale of MoneySupermarket shares by Simon Nixon
5th Jun 20137:00 amRNSDividend Declaration and Trading Update
31st May 20137:00 amRNSTotal Voting Rights
8th May 201312:43 pmRNSDirector/PDMR Shareholding
30th Apr 20137:00 amRNSTotal Voting Rights
17th Apr 20134:28 pmRNSResult of AGM
17th Apr 201312:31 pmRNSResult of AGM
17th Apr 20137:00 amRNSInterim Management Statement
11th Apr 20135:00 pmRNSDirector/PDMR Shareholding
11th Apr 20137:00 amRNSDirectorate Change
8th Apr 201310:56 amRNSDirector/PDMR Shareholding
21st Mar 20135:00 pmRNSDirector/PDMR Shareholding
20th Mar 20137:00 amRNSAnnual Information Update
18th Mar 20136:00 pmRNSAnnual Report and Notice of AGM
15th Mar 20136:28 pmRNSDirector/PDMR Shareholding
7th Mar 20134:04 pmRNSDirector/PDMR Shareholding
5th Mar 20135:15 pmRNSDirector/PDMR Shareholding
5th Mar 20137:00 amRNSFinal Results
8th Feb 201310:11 amRNSDirector/PDMR Shareholding
1st Feb 20137:00 amRNSBlocklisting Interim Review
11th Jan 20137:00 amRNSTrading Statement
10th Jan 201311:51 amRNSDirector Declaration
8th Jan 20131:53 pmRNSDirector/PDMR Shareholding
31st Dec 20127:00 amRNSDirectorate Change
10th Dec 20129:33 amRNSDirector/PDMR Shareholding
4th Dec 20125:00 pmRNSDirector/PDMR Shareholding
14th Nov 20127:00 amRNSInterim Management Statement
7th Nov 20124:46 pmRNSDirector/PDMR Shareholding
15th Oct 20127:00 amRNSHolding(s) in Company
5th Oct 20125:22 pmRNSDirector/PDMR Shareholding
28th Sep 20124:00 pmRNSTotal Voting Rights
26th Sep 201210:38 amRNSHolding(s) in Company
24th Sep 20124:45 pmRNSTotal Voting Rights
21st Sep 201210:00 amRNSAcquisition of MoneySavingExpert
20th Sep 20122:37 pmRNSAcquisition of MoneySavingExpert
19th Sep 20125:00 pmRNSDirectorate Change
19th Sep 20121:00 pmRNSAdditional Listing
19th Sep 201212:55 pmRNSAcquisition of MoneySavingExpert
17th Sep 201210:09 amRNSDirector/PDMR Shareholding
14th Sep 201210:35 amRNSHolding(s) in Company
14th Sep 201210:30 amRNSDirector/PDMR Shareholding

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.