Interim Results 2026

MONY Group plc

Interim results for the six months ended 30 June 2026

Strong results, executing with pace, delivering with purpose

Financial performance

• Strong start to the year - record revenue, up 6% to £227m on a like-for-like¹ basis and +1% on a reported basis, underlining the Group’s strength in breadth

• Adjusted EBITDA, up 3% to £76m, on a like-for-like¹ basis and +1% on a reported basis, underpinned by continued cost discipline and increasing automation

• Operating costs down 2% on a like-for-like basis¹ and 7% on a reported basis.

• Earnings per share grew on both a reported and adjusted basis. Basic EPS rose 4% to 8.9p, and Adjusted Basic EPS rose 5% to 9.7p

Strategic highlights

• Helped customers to save an estimated £1.5bn during this half year period

• Delivered growth across our member-based propositions and provider services

  • SuperSaveClub surpassed 2.5 million members, now representing 19% of Group revenue

  • MoneySavingExpert (MSE) now has over 3.5m app downloads and 9 million signed up to the weekly MSE newsletter

• Significant pace of product innovation further diversifying revenue streams

  • We’ve transformed the MoneySuperMarket app into a genuine everyday financial companion, going way beyond comparison

  • Investments by MoneySuperMarket is now live - launched initially as a fund supermarket enabling customers to invest from as little as £1

  • We are launching SuperSaveClub Insurance - our own digital broker offering enabling monthly payments for members at no additional cost to paying annually

  • MoneySuperMarket Business Banking - our first dedicated SME proposition, waitlist now open ahead of launch next month

Maximising shareholder value

• Package of shareholder returns for 2026 of over £90m

  • Incorporates ongoing c.£25m share buyback and progressive dividend growth - interim dividend per share +1% to 3.36p

Peter Duffy, CEO of MONY Group, said:

"Our business only succeeds when we save customers money. And in the first half alone, we helped households save an estimated £1.5bn. We did that while growing revenue and Adjusted EBITDA for the fifth interim period running, and innovating at real pace.

This has been a half of significant strategic progress. We’re leveraging AI for growth: to sharpen the customer experience, bring new propositions to market faster, and run more efficiently. This is what has also enabled us to transform the MoneySuperMarket app into a genuine everyday financial companion.

One trusted place to compare, switch, save, invest, earn cashback, and more, giving households – including over 2.5 million SuperSaveClub members - more reasons to come to us directly, and more often.

We're uniquely positioned, and confident in the opportunities ahead."

H1 2026 trading performance

* The inter-vertical eliminations revenue line reflects transactions where revenue in Cashback (and last year in Travel) has also been recorded as cost of sales in other verticals.

In H1 2026, the group delivered strong financial performance, with Revenue and Adjusted EBITDA up 6% and 3%, respectively, on a like-for-like³ basis, and both up 1% on a Reported basis.

Performance within each of our verticals in H1 2026 is as follows:

• Insurance returned to good growth with revenue up 4% to £122.1m, a step up from the -2% we reported at H1 2025. Headwinds in car insurance continued to ease, with average premiums down -5% year on year, improving from the -9% in H2 2025. Growth in car was also supported by AI enabled enhancements to the journey, including Price Optimiser which has now helped over 200,000 customers save an additional £25 on average. Home insurance is following the same trajectory as car with around a 9 month lag. Premium declines have moderated to -3% year on year, improving from the -6% seen at H2 2025.
• Money growth of 9% to £57.6m was strong, with banking leading this growth driven by strong current account performance. Borrowing, particularly in loans, benefited from increased CRM activity and personalised pre-approval information driving higher conversion.
• Home Services delivered another excellent half, with revenue up 30% year on year to £28.2m. Energy was the main driver. Since the year-end, wholesale prices and the price cap have risen significantly. However, we leveraged MSE's editorial reach, our provider relationships and exclusive deals to keep delivering competitive offers, despite that market volatility.
• Cashback had a tough half with revenue of £23.8m, down 13% on H1 2025, with subdued retail spend and geopolitical disruption to package holidays weighing on travel. UK marketing budgets have fallen, particularly in affiliate channels, and whilst conditions are gradually improving, recovery remains slow and uneven.
• Travel – nil revenue reflects the move to a minority position in Ice Travel Group on 1 December 2025, as previously reported.

Outlook

Our recent trading performance and the breadth of our portfolio combined with disciplined cost management, gives the Board confidence that we will deliver Adjusted EBITDA for 2026 within our current published consensus³. We remain well positioned to deliver sustainable, profitable growth.

Results presentation

A presentation for investors and analysts will be available from 7am

https://www.monygroup.com/investors/results-reports-and-presentations/

A Q&A session will be held at 9.30am with Peter Duffy (CEO) and Niall McBride (CFO).
This session can be accessed via: https://brrmedia.news/MONY_HY26_Q&A

For further information, contact:

Investors:

Niall McBride,
Chief Financial Officer
Niall.McBride@monygroup.com

Jennifer Cooke,
Head of Investor Relations
Jennifer.Cooke@monygroup.com

0203 846 2034 

Media:

William Clutterbuck,
H/Advisors Maitland
William.Clutterbuck@h-advisors.global
07785 292617

Cautionary note regarding forward looking statements

This announcement includes 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 Company 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, Disclosure Guidance and Transparency Rules and applicable law, the company undertakes no obligation to update, revise or change any forward-looking statements to reflect events or developments occurring on or after the date such statements are published.

Notes:

* Adjusted EBITDA is operating profit before depreciation and amortisation and adjusted for other non-underlying costs as detailed on page 11. This is consistent with how business performance is measured internally.

**Adjusted basic earnings per share is profit before tax adjusted for amortisation of acquisition related intangible assets and other nonunderlying costs as described on page 13. A tax rate of 25% (2025: 25%) is applied to calculate adjusted profit after tax. This is divided by the number of weighted average shares. A reconciliation of adjusted basic earnings per share to the interim financial statements is included in note 5.

***Net debt is cash and cash equivalents of £18.5m (2025: £28.7m) less borrowings of £48.0m (2025: £45.0m) and loan notes payable to Podium’s non-controlling interest of £2.3m (2025: £2.1m). It does not include lease liabilities.

¹ Like-for-like growth is presented for key financial performance measures excluding the Travel business disposed of on 1 December 2025 (H1 2025 Travel revenue £11.4m; Adjusted EBITDA £2m). We believe this gives the clearest view of underlying performance of the continuing Group.

² Like-for-like growth, excluding Travel

³ Market expectations for 2026 adjusted EBITDA from our company compiled consensus ranges from £148m to £140m with a mid point of £146m. Consensus is available to view here: https://www.monygroup.com/investors/analyst-consensus/

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