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
25th Sep 20194:55 pmRNSDirector/PDMR Shareholding
16th Sep 20194:41 pmRNSHolding(s) in Company
16th Sep 20194:39 pmRNSHolding(s) in Company
10th Sep 20194:56 pmRNSHolding(s) in Company
9th Sep 20193:48 pmRNSHolding(s) in Company
2nd Sep 20191:52 pmRNSHolding(s) in Company
2nd Sep 20191:48 pmRNSTotal Voting Rights
22nd Aug 201912:30 pmRNSAdditional Listing
13th Aug 20195:02 pmRNSHolding(s) in Company
2nd Aug 20194:55 pmRNSBlock listing Interim Review
2nd Aug 20197:00 amRNSDirectorate Change
26th Jul 20195:23 pmRNSDirector/PDMR Shareholding
23rd Jul 20194:10 pmRNSHolding(s) in Company
23rd Jul 20194:10 pmRNSHolding(s) in Company
22nd Jul 20193:14 pmRNSDirector/PDMR Shareholding
18th Jul 20197:00 amRNSInterim Results
2nd Jul 20195:34 pmRNSTotal Voting Rights
26th Jun 20198:31 amRNSDirectorate Change
25th Jun 20192:01 pmRNSDirector/PDMR Shareholding
13th Jun 20198:25 amRNSDirector/PDMR Shareholding
31st May 20199:00 amRNSTotal Voting Rights
30th May 20192:06 pmRNSHolding(s) in Company
9th May 20192:00 pmRNSResult of AGM
9th May 201911:47 amRNSResult of AGM
30th Apr 20199:00 amRNSTotal Voting Rights
18th Apr 20197:00 amRNSTrading Statement
5th Apr 20191:20 pmRNSHolding(s) in Company
29th Mar 20199:07 amRNSDirector/PDMR Shareholding
29th Mar 20199:00 amRNSTotal Voting Rights
5th Mar 20192:58 pmRNSHolding(s) in Company
5th Mar 20197:00 amRNSAnnual Financial Report
28th Feb 201910:00 amRNSTotal Voting Rights
25th Feb 20192:02 pmRNSDirector/PDMR Shareholding
25th Feb 20197:00 amRNSHolding(s) in Company
15th Feb 20192:16 pmRNSDirector/PDMR Shareholding
15th Feb 20192:15 pmRNSDirector/PDMR Shareholding
14th Feb 20197:00 amRNSDirectorate Change
14th Feb 20197:00 amRNSFinal Results
6th Feb 20192:53 pmRNSHolding(s) in Company
31st Jan 20198:30 amRNSTotal Voting Rights
31st Jan 20198:30 amRNSBlock listing Interim Review
31st Dec 20189:00 amRNSTotal Voting Rights
30th Nov 20181:10 pmRNSTotal Voting Rights
30th Nov 20189:37 amRNSHolding(s) in Company
16th Nov 20189:11 amRNSHolding(s) in Company
11th Oct 201811:47 amRNSDirector/PDMR Shareholding
11th Oct 20187:00 amRNSTrading Statement
4th Oct 201812:59 pmRNSScilla Grimble - Appointment Date Confirmation
28th Sep 20189:00 amRNSTotal Voting Rights
19th Sep 20189:19 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.