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
182.20    1.60 (0.89%)
Bid:
181.90
Ask:
182.10
Spread: 0.20 (0.11%)
Market Cap: £942.79m
MONY Live PriceLast checked at - London Stock Exchange

Intraday Moneysupermarket.Com Share Chart

Trading Statement

20 Apr 2016 07:00

RNS Number : 7100V
Moneysupermarket.com Group PLC
20 April 2016
 

20 April 2016 - Moneysupermarket.com Group PLC Trading Update

 

The Group is releasing this trading update to coincide with its AGM which is being held later today. The financial and operational information in this statement relates to the period 1 January to 31 March 2016 unless otherwise stated.

 

The Group had a solid start to the year, with Group revenues up 9%. Performance across the business was as follows:

 

Revenues for the three months to 31 March 2016

£M

Growth y-o-y (%)

MoneySuperMarket.com

- Insurance

- Money

- Home Services

76.0

36.1

22.7

17.2

12

-2

21

39

MoneySavingExpert.com

11.2

43

TravelSupermarket.com

5.3

-24

Intragroup revenues

(8.8)

Group revenues

83.7

9

 

The key drivers in the first quarter were as follows:

 

- Insurance momentum improved due to the initiatives put in place, including the additional marketing previously highlighted.

 

- Money continued strong growth driven primarily by credit cards and current accounts.

 

- Home Services benefited from the success of Group collective energy switches and attractive fixed term tariffs.

 

- MoneySavingExpert.com continues to perform strongly with strong credit and energy growth.

 

- The challenges in the holiday market remain. As mentioned in March, trading in TravelSupermarket.com continues to be difficult with remedial work likely to continue through much of 2016.

 

 

Peter Plumb, CEO of Moneysupermarket Group, commented:

 

 

"In the first three months of the year a record 1.7 million families used Moneysupermarket.com Group to save money on their household bills, which allowed us to grow revenues by 9%.

 

Our collective energy switches are becoming ever more popular. The recent CMA report not only emphasised the importance of price comparison sites to encourage energy competition, but also looks set to make it easier for us to help even more customers.

 

More and more people realise there are great savings to be made by using MoneySuperMarket to switch and save."

 

 

Outlook:

 

The Board remains confident of meeting its full year expectations.

For further information, contact:

 

Matthew Price, Chief Financial Officer

Tel: 0207 379 5151

 

William Clutterbuck, Maitland

Tel: 0207 379 5151

 

This Trading 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
 
 
TSTZMGMDRLMGVZM
Date   Source Headline
30th Oct 20157:00 amRNSTrading Statement
30th Oct 20157:00 amRNSDeferred consideration re MoneySavingExpert
14th Oct 20158:49 amRNSDirector Declaration
8th Oct 201512:00 pmRNSDirectorate Change
6th Oct 20158:45 amRNSHolding(s) in Company
5th Oct 20159:11 amRNSHolding(s) in Company
2nd Oct 20159:00 amRNSDirector/PDMR Shareholding
30th Sep 20159:16 amRNSHolding(s) in Company
11th Sep 20154:00 pmRNSDirector/PDMR Shareholding
2nd Sep 20154:59 pmRNSDirector/PDMR Shareholding
2nd Sep 20151:51 pmRNSDirector/PDMR Shareholding
28th Aug 20154:00 pmRNSTotal Voting Rights
28th Aug 20153:49 pmRNSHolding(s) in Company
17th Aug 20158:35 amRNSDirector Declaration
3rd Aug 20152:41 pmRNSDirector/PDMR Shareholding
31st Jul 20154:00 pmRNSDirector Declaration
31st Jul 20158:14 amRNSHolding(s) in Company
31st Jul 20157:53 amRNSSale of shares by Martin Lewis
31st Jul 20157:04 amRNSCompletion of share Sale in MoneySupermarket.com
31st Jul 20157:00 amRNSBlocklisting Interim Review
31st Jul 20157:00 amRNSTotal Voting Rights
30th Jul 20154:47 pmRNSShare sale - MoneySupermarket.com by M.Lewis & CAF
30th Jul 20157:00 amRNSHalf Yearly Report
27th Jul 20157:00 amRNSDirectorate Change
15th Jul 20157:00 amRNSTrading Statement
30th Jun 20157:00 amRNSTotal Voting Rights
26th Jun 20153:45 pmRNSDirector/PDMR Shareholding
26th Jun 201510:00 amRNSDirector Declaration
3rd Jun 20154:38 pmRNSProvision of information to Ofgem
29th May 20154:00 pmRNSTotal Voting Rights
20th May 20155:48 pmRNSHolding(s) in Company
20th May 20153:00 pmRNSHolding(s) in Company
19th May 20154:49 pmRNSDirector/PDMR Shareholding
19th May 20157:43 amRNSSale of shares by Simon Nixon
19th May 20157:20 amRNSCompletion of S. Nixon Shr Sale in MoneySupermart
18th May 20154:37 pmRNSShare sale by S. Nixon of MoneySupermarket.com shs
18th May 201510:38 amRNSDirector Declaration
1st May 20155:00 pmRNSDirector/PDMR Shareholding
30th Apr 20153:00 pmRNSResult of AGM
30th Apr 20153:00 pmRNSResult of AGM
30th Apr 20157:00 amRNSTrading Statement
30th Apr 20157:00 amRNSTotal Voting Rights
13th Apr 20159:55 amRNSHolding(s) in Company
7th Apr 20155:00 pmRNSDirector/PDMR Shareholding
31st Mar 20157:00 amRNSTotal Voting Rights
25th Mar 20158:16 amRNSStatement re sale of shares
24th Mar 20155:58 pmRNSSale of shares by Simon Nixon
24th Mar 20154:37 pmRNSStatement re sale of shares
24th Mar 201512:00 pmRNSAnnual Report and Notice of Annual General Meeting
9th Mar 20157:00 amRNSDirectorate Change

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.