21st Jul 2026 11:19
(Alliance News) - Mony Group PLC on Tuesday said it was confident of meeting full-year market expectations after a first half of "significant progress" which saw growth in Insurance, Home Services and Money businesses offset a decline in its Cashback arm.
The Ewloe, Wales-based price comparison website operator reported pretax profit of GBP61.0 million in six months ended June 30, up 2.0% from GBP59.8 million the year prior, on record revenue of GBP227.1 million, up 0.8% from GBP225.3 million.
Adjusted earnings before interest, tax, depreciation and amortisation edged up to GBP75.5 million from GBP75.1 million.
Basic earnings per share rose 3.5% to 8.9 pence from 8.6p, or by 4.3% to 9.7p from 9.3p on an adjusted basis. The interim dividend was nudged up by 0.9% to 3.36p per share from 3.33p.
Insurance returned to "good growth" with revenue up 4% compared with the 2% drop reported a year ago as headwinds in car insurance continued to ease.
Money growth of 9% was "strong", with banking leading this growth driven by strong current account performance, while Home Services delivered "another excellent half", with revenue up 30%.
Cashback had a "tough" half with revenue down 13% on-year, with "subdued retail spend and geopolitical disruption to package holidays weighing on travel" and whilst conditions are gradually improving, recovery remains "slow and uneven".
"This has been a half of significant strategic progress," said Chief Executive Peter Duffy.
Looking ahead, Mony Group said it is confident of delivering adjusted Ebitda for 2026 within the current published consensus of GBP140 million to GBP148 million compared with GBP145.1 million posted in 2025.
Shares in Mony fell 5.0% to 194.08p each in London on Tuesday.
By Jeremy Cutler, Alliance News reporter
Comments and questions to [email protected]
Copyright 2026 Alliance News Ltd. All Rights Reserved.
Related Shares:
Moneysupermarket.Com