UK's MONY Group gains on FY core profit beat, share buyback plan

MONY

17/02/2025 09:01

** MONY Group  MONY.L  rises 5.3% to 199.9p; among top pct
gainers on FTSE mid cap  .FTMC , which is up 0.3%
    ** Price comparison website's 2024 adj core profit of 141.8
mln pounds ($178.6 mln) beats analysts' estimate of 139.5 mln
pounds, according to company-compiled consensus
    ** Commences share repurchase programme of up to 30 mln
pounds
    ** Sees 2025 adj EBITDA for 2025 broadly within
company-compiled consensus estimate ‍of 147 million pounds
    ** MONY lost 31.4% in 2024

($1 = 0.7942 pounds)

 (Reporting by Simone Lobo and DhanushVignesh Babu in Bengaluru)
 ((Simone.Lobo@thomsonreuters.com; +919920570373;))