If you would like to learn more about future focusIR related events and roundtables, please submit your details 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)

Share Price is delayed by 15 minutes
Get Live Data
195.70    6.40 (3.38%)
Bid:
196.40
Ask:
196.60
Spread: 0.20 (0.102%)
Market Cap: £1.01b
MONY Live PriceLast checked at - London Stock Exchange

Intraday Moneysupermarket.Com Share Chart

Trading Statement

11 Jul 2013 07:00

RNS Number : 0662J
Moneysupermarket.com Group PLC
11 July 2013
 



Post Close Trading Statement

 

Moneysupermarket.com Group PLC ("Moneysupermarket.com" or "the Group"), the UK's leading price comparison site, issues the following trading update relating to the six month period ending 30 June 2013.

 

Half year revenues are expected to be in the region of £112m and adjusted EBITDA to be around £40m, approximately 10% and 29% * ahead of the same period last year, respectively, and in line with the Board's expectations and the trading update given on 5 June.

Group trading in the second quarter was slower than the first quarter. This was principally because of a lower rate of growth in the Insurance vertical, arising substantially following changes made by Google to its natural search algorithms, reducing our visitors and revenues from natural search in the month of June in the highly competitive insurance search area. As has happened in the past, now the algorithm changes have settled down we are working on regaining our positions in natural search in insurance.

The Group's financial position remains strong. As at 30 June 2013 the Group had cash balances of £26m. The Group will make a special dividend payment of £70m to shareholders on 26 July, as previously announced.

 

For more information, please contact:

 

Moneysupermarket.com Group PLC

Paul Doughty, Chief Financial Officer, 020 7379 5151

 

Maitland

William Clutterbuck, 020 7379 5151

 

 

·; This trading statement may contain forward-looking statements based on current expectations of, and assumptions and forecasts made by management. 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 adjust any forward looking statements to reflect events or developments occurring after the date such statements are published.

·; The information in this release is based upon management information.

 

* In 2012 the Group recognized a credit in its Consolidated Statement of Comprehensive Income of £4.6m relating to an agreed change by HMRC to the method that the Group used to calculate the proportion of VAT it recovers on expenses incurred. Of the amount received £2.2m related to H1 2012. The previously reported EBITDA number for H1 2012 has been increased from £28.7m to £30.9m to present the results on a consistent basis.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTMMGMNMGFGFZZ
Date   Source Headline
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
13th May 202110:00 amRNSTravelSupermarket to combine with Icelolly.com
7th May 20212:15 pmRNSTotal Voting Rights
7th May 20218:58 amRNSDirector/PDMR Shareholding
7th May 20218:55 amRNSDirector/PDMR Shareholding
20th Apr 20217:00 amRNSQ1 Trading Statement
8th Apr 20213:44 pmRNSDirector/PDMR Shareholding
8th Apr 20213:38 pmRNSDirector/PDMR Shareholding
7th Apr 202110:20 amRNSTotal Voting Rights
1st Apr 20211:25 pmRNSDirector/PDMR Shareholding
23rd Mar 20213:14 pmRNSDirector/PDMR Shareholding
17th Mar 20219:00 amRNSDirector/PDMR Shareholding
8th Mar 20219:52 amRNSAnnual Financial Report
5th Mar 202110:43 amRNSTotal Voting Rights
18th Feb 20217:00 amRNSFinal Results
8th Feb 202110:00 amRNSTotal Voting Rights
1st Feb 20212:01 pmRNSBlock listing Interim Review
28th Jan 20219:24 amRNSDirector Declaration
4th Jan 20214:03 pmRNSTotal Voting Rights
18th Dec 202012:19 pmRNSDirector Declaration
4th Dec 20202:53 pmRNSTotal Voting Rights
13th Nov 20204:26 pmRNSHolding(s) in Company
10th Nov 20209:21 amRNSTotal Voting Rights
22nd Oct 20207:00 amRNSQ3 Trading Statement
5th Oct 202010:33 amRNSTotal Voting Rights
4th Sep 20203:21 pmRNSTotal Voting Rights
2nd Sep 20209:00 amRNSDirector/PDMR Shareholding
1st Sep 20204:24 pmRNSDirector/PDMR Shareholding
1st Sep 20204:20 pmRNSDirector/PDMR Shareholding
17th Aug 20203:36 pmRNSDirector/PDMR Shareholding
11th Aug 20209:12 amRNSBlock listing Interim Review
10th Aug 20203:14 pmRNSTotal Voting Rights
7th Aug 20209:00 amRNSHolding(s) in Company

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.