MONY Group (MONY) Trading update summary

Trading performance and revenue trends

• Revenue growth supported by a broad portfolio of products and brands, with strong performance in insurance and money segments.

• Insure segment benefited from easing headwinds in car insurance switching.

• Money segment saw borrowing growth, especially in loans and banking, aided by attractive current account promotions.

• Home Services experienced growth due to increased broadband conversion and promotional energy deals.

• Cashback performance remained subdued due to economic uncertainty impacting marketing budgets and consumer behavior.

Strategic initiatives and technology

• Focus remains on growing a two-sided marketplace, transforming transactional users into long-term members.

• SuperSaveClub membership reached nearly 2.4 million, with higher customer lifetime value.

• Data and technology re-platforming enabled faster innovation and efficiency, supporting cost control.

• Launched MSM ChatGPT app and its second version, expanding customer functionality and engagement.

• AI-powered Price Optimiser helped over 100,000 customers save an average of £25 since late February.

Brand and customer engagement

• MoneySavingExpert continues to drive high engagement and supports conversion to long-term members.

• Portfolio of trusted brands and strong provider relationships underpin strategy and long-term value creation.

• New advertising campaign launched in April to reinforce brand strength.