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Moneysupermarket.com Group PLC (MONY)

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idpickering
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Moneysupermarket.com Group PLC (MONY)

#405504

Postby idpickering » April 20th, 2021, 7:19 am

Q1 Trading Statement

First quarter performance in line with expectations, given ongoing market disruption

· Insurance performance overall was broadly consistent throughout the quarter. Car and home saw a slight decline versus the prior year. Life was down and travel revenue remained negligible, with both lapping strong 2020 comparables.

· Within Money, the quarter was impacted initially by lower year-on-year search demand for credit products and the continuation of tightened lending criteria. However, as the quarter progressed, we saw a gradual improvement in both conversion and demand. Banking benefited from some promotional offers in February and March.

· Within Home Services, while savings available from energy switching were significantly lower than in Q1 2020, energy performance improved from January into February and March. This was helped by the MSE collective switch and the energy price cap announcement. Broadband continued to perform well throughout the quarter.

· Within Other, TravelSupermarket revenue remained negligible due to travel restrictions. Decision Tech continued its double-digit growth in both B2B and B2C. During the quarter, we received notice of termination from a large volume B2B partner, with effect from July 2021. In 2020 this partner contributed c.£15m of revenue and EBITDA in the low single-digit millions.


https://www.investegate.co.uk/moneysupe ... 00039548V/

I had toyed with bringing MONY on board my HYP last year. Reading the above, I'm glad I didn't.

Ian.

idpickering
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Re: Moneysupermarket.com Group PLC (MONY)

#493661

Postby idpickering » April 12th, 2022, 7:07 am

Q1 2022 update.

Recovery in Money and Travel offset by energy market disruption

· Following the recent implementation of the FCA General Insurance pricing regulations, providers continue to evolve their strategic responses. In the quarter there were signs of higher retention rates at insurers meaning less switching. Competition for search traffic was intense. We continue to progress our initiatives in Insurance including the launch of the MSE multi-compare tool for car insurance at the end of Q1.

Travel insurance continued to recover with revenue close to 2019 levels.

· Money grew strongly, led by recovery in borrowing. Banking performed well driven by good availability of promotional offers.

· Home Services traded in line with Q4 2021, with no energy revenue as expected.

· Travel recorded its best quarter in two years given strengthening demand as Covid restrictions were lifted. We continued to unlock revenue synergies within Ice Travel Group.

· Cashback trading benefited from the recovery in travel but was offset by lower volume in other channels. The Group now powers travel insurance switching on Quidco.

Outlook

The factors affecting our markets are unchanged from those outlined in our preliminary results in February. The Board continues to expect full-year EBITDA to increase to around 2020 levels, with profit weighted to the second half.


https://www.investegate.co.uk/moneysupe ... 00040294I/

seagles
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Re: Moneysupermarket.com Group PLC (MONY)

#516615

Postby seagles » July 23rd, 2022, 12:12 pm

Article worth a read https://hebdenbridgenews.com/moneysuper ... ice-storm/ . I purchased at beginning of year just as the share price took a nose dive, now showing a capital gain.

Link on another forum to Investor Chronicle requires a subscription to read.

idpickering
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Re: Moneysupermarket.com Group PLC (MONY)

#538420

Postby idpickering » October 18th, 2022, 7:10 am


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Re: Moneysupermarket.com Group PLC (MONY)

#621051

Postby idpickering » October 17th, 2023, 7:30 am


idpickering
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Re: Moneysupermarket.com Group PLC (MONY)

#621060

Postby idpickering » October 17th, 2023, 8:24 am

The above seems to have gone down well it seems, with the MONY share price being up 3% as I type.

Ian.

idpickering
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Re: Moneysupermarket.com Group PLC (MONY)

#647848

Postby idpickering » February 19th, 2024, 7:20 am

PRELIMINARY RESULTS

Strategic highlights

· Helped households save an estimated record £2.7bn

· Data transformation complete, proprietary Dialogue data platform powering 76% of MSM user enquiries on core product lines

· Common technology platform supporting ability to scale whilst simplifying our operations

· Expanded offering with membership-based customer propositions: MSM SuperSaveClub, MSE App and Quidco

· Incremental provider propositions launched and grown: B2B, Tenancy and "Market Boost" data services

· Ranked first in the Technology sector on the FTSE Women Leaders Review report; ranked fifth in The Inclusive Top 50 UK Employers list

Financial highlights

· Record revenue at £432m, despite no material revenue from energy switching

· 11% revenue growth led by exceptional trading in Insurance, supported by efficient acquisition and retain and grow strategy

· EBITDA up 14%, ahead of revenue growth, to £132m with margins expanded to 31% demonstrating continued robust cost management

· Adjusted basic EPS up 12%

· Operating cashflow before tax increased 7%, following the increase in tax rates operating cashflow after taxes are down 2%

· Full-year dividend up 3% to 12.1p, £65 million distribution to shareholders

And later;

Dividends

The Board has recommended a final dividend of 8.9p pence per share (2022: 8.6p), making the proposed full year dividend 12.1p pence per share (2022: 11.7p). Our capital allocation policy remains unchanged. First we prioritise organic growth, followed by the ordinary dividend, after which we consider M&A and then enhanced distribution to shareholders.

The final dividend will be paid on 10 May 2024 to shareholders on the register on 2 April 2024, subject to approval by shareholders at the Annual General Meeting to be held on 2 May 2024.


https://www.investegate.co.uk/announcem ... ts/8043344

Ian (No holding).


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