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
18th Feb 20255:19 pmRNSTransaction in Own Shares
17th Feb 20256:20 pmRNSTransaction in Own Shares
17th Feb 20252:03 pmRNSDirector/PDMR Shareholding
17th Feb 20257:00 amRNSPreliminary Results
17th Feb 20257:00 amRNSCommencement of Share Buyback
7th Feb 202512:55 pmRNSDirector/PDMR Shareholding
31st Jan 20254:01 pmRNSBlock listing Interim Review
31st Jan 20253:58 pmRNSTotal Voting Rights
8th Jan 202512:52 pmRNSDirector/PDMR Shareholding
2nd Jan 20257:00 amRNSDirectorate Change - Appointment of Chair
31st Dec 20248:00 amRNSTotal Voting Rights
13th Dec 202411:08 amRNSHolding(s) in Company
6th Dec 20243:09 pmRNSDirector/PDMR Shareholding
29th Nov 20244:30 pmRNSTotal Voting Rights
18th Nov 20247:00 amRNSDirector/PDMR Shareholding
7th Nov 202412:46 pmRNSDirector/PDMR Shareholding
1st Nov 202410:01 amRNSTotal Voting Rights
1st Nov 20249:38 amRNSHolding(s) in Company
30th Oct 202412:47 pmRNSHolding(s) in Company
30th Oct 20249:44 amRNSHolding(s) in Company
23rd Oct 20241:53 pmRNSDirector/PDMR Shareholding
23rd Oct 20241:15 pmRNSHolding(s) in Company
16th Oct 20247:00 amRNSMONY Group PLC Q3 Trading Update
8th Oct 20242:46 pmRNSDirector/PDMR Shareholding
18th Sep 202412:10 pmRNSDirector/PDMR Shareholding
12th Sep 20247:00 amRNSAdditional Listing
10th Sep 20241:05 pmRNSDirector/PDMR Shareholding
6th Sep 202411:37 amRNSDirector/PDMR Shareholding
28th Aug 20249:23 amRNSDirector/PDMR Shareholding
9th Aug 202410:27 amRNSDirector/PDMR Shareholding
1st Aug 20247:00 amRNSBlock listing Annual Review
1st Aug 20247:00 amRNSTotal Voting Rights
30th Jul 20249:54 amRNSHolding(s) in Company
25th Jul 202411:34 amRNSDirector/PDMR Shareholding
24th Jul 20242:12 pmRNSDirector/PDMR Shareholding
22nd Jul 20247:00 amRNSInterim Results for the six months ended 30 June
17th Jul 202410:21 amRNSHolding(s) in Company
8th Jul 20242:23 pmRNSDirector/PDMR Shareholding
1st Jul 20242:39 pmRNSHolding(s) in Company
1st Jul 20249:21 amRNSTotal Voting Rights
10th Jun 202410:02 amRNSDirector/PDMR Shareholding
31st May 20244:00 pmRNSTotal Voting Rights
22nd May 20249:54 amRNSChange of Name
14th May 202411:43 amRNSDirector/PDMR Shareholding
13th May 202412:05 pmRNSDirector/PDMR Shareholding
8th May 202411:47 amRNSDirector/PDMR Shareholding
2nd May 202410:25 amRNSAnnual General Meeting 2024 Voting Results
2nd May 20249:00 amRNSMoneysupermarket.com Group plc Company Name Change
30th Apr 20244:30 pmRNSTotal Voting Rights
30th Apr 20248:58 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.