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LONDON - MONY Group plc reported a 1% increase in revenue to £225.3 million for the first half of 2025, with profit after tax rising 3% to £45.6 million, according to a press release issued Monday.
The price comparison and financial services company achieved an adjusted EBITDA growth of 2% to £75.1 million, supported by cost control measures and increased automation that reduced operating costs by 6%.
The company’s SuperSaveClub membership surpassed 1.5 million members, now generating 14% of group revenue, after adding half a million new members since February. Enhanced provider services delivered 11% revenue growth.
"We’ve started the year well, hitting strategic milestones and growing revenue and profits despite the challenges faced in some of our end markets," said Peter Duffy, CEO of MONY Group.
The company reported mixed performance across its business segments. Insurance revenue declined 2% against a strong prior year comparative, while Money grew 4% driven by strong activity in borrowing. Home Services saw significant growth of 29%, albeit from a low base, while Cashback revenue fell 9% to £27 million.
MONY Group maintained its progressive dividend policy with an interim dividend of 3.3 pence per share, representing 1% growth. The company is delivering a package of shareholder returns for 2025 totaling £96 million, including an ongoing share buyback program of approximately £30 million.
The Board expressed confidence that the company will deliver adjusted EBITDA for 2025 within its current published consensus range, based on recent trading performance and strategic momentum.
Net debt stood at £18.4 million as of June 30, 2025, compared to net cash of £8.4 million at the end of December 2024.
The interim dividend will be paid on September 8, 2025, to shareholders on the register at the close of business on August 1, 2025.
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