The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen 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: 227.40
Bid: 227.20
Ask: 227.40
Change: -3.20 (-1.39%)
Spread: 0.20 (0.088%)
Open: 227.80
High: 231.80
Low: 227.00
Prev. Close: 230.60
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
17th May 20224:38 pmRNSHolding(s) in Company
10th May 20229:40 amRNSHolding(s) in Company
9th May 20227:00 amRNSDirector/PDMR Shareholding
5th May 20223:02 pmRNSResult of AGM
3rd May 202210:43 amRNSTotal Voting Rights
26th Apr 20222:45 pmRNSHolding(s) in Company
14th Apr 20229:51 amRNSHolding(s) in Company
14th Apr 20229:47 amRNSHolding(s) in Company
12th Apr 20227:00 amRNSQ1 Trading Statement
11th Apr 202210:43 amRNSHolding(s) in Company
5th Apr 20222:49 pmRNSTotal Voting Rights
4th Apr 20227:00 amRNSDirector/PDMR Shareholding
4th Apr 20227:00 amRNSDirector/PDMR Shareholding
7th Mar 20222:01 pmRNSAnnual Financial Report
4th Mar 20225:23 pmRNSHolding(s) in Company
4th Mar 20225:20 pmRNSHolding(s) in Company
4th Mar 20224:39 pmRNSHolding(s) in Company
4th Mar 202210:54 amRNSHolding(s) in Company
1st Mar 202212:06 pmRNSHolding(s) in Company
1st Mar 202211:58 amRNSTotal Voting Rights
22nd Feb 20222:34 pmRNSDirectorate Change
18th Feb 20224:19 pmRNSDirector/PDMR Shareholding
17th Feb 20227:00 amRNSFinal Results
16th Feb 20221:12 pmRNSHolding(s) in Company
9th Feb 20227:00 amRNSBlock listing Interim Review
2nd Feb 20222:19 pmRNSTotal Voting Rights
14th Jan 20225:09 pmRNSHolding(s) in Company
4th Jan 20224:33 pmRNSTotal Voting Rights
1st Dec 20214:44 pmRNSTotal Voting Rights
11th Nov 202110:43 amRNSHolding(s) in Company
2nd Nov 202111:44 amRNSTotal Voting Rights
1st Nov 20212:53 pmRNSDirector/PDMR Shareholding
26th Oct 20219:19 amRNSHolding(s) in Company
20th Oct 20211:32 pmRNSAdditional Listing
19th Oct 20217:00 amRNSAcquisition of Quidco
19th Oct 20217:00 amRNSQ3 Trading Statement
4th Oct 20219:13 amRNSTotal Voting Rights
28th Sep 20218:51 amRNSDirector/PDMR Shareholding
27th Sep 202112:39 pmRNSDirector/PDMR Shareholding
9th Sep 20219:16 amRNSTotal Voting Rights
2nd Sep 202112:08 pmRNSDirector/PDMR Shareholding
24th Aug 202111:29 amRNSDirector/PDMR Shareholding
12th Aug 20217:28 amRNSTravelSupermarket combination with Icelolly.com
5th Aug 202111:47 amRNSTotal Voting Rights
2nd Aug 202110:06 amRNSBlock listing Interim Review
22nd Jul 20217:00 amRNSInterim Results
5th Jul 20211:02 pmRNSTotal Voting Rights
7th Jun 202110:10 amRNSTotal Voting Rights
20th May 20219:00 amRNSDirectorate Change
13th May 202110:48 amRNSAGM Results

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.