UK's MONY Group set for worst day since October 2022 on weaker margins

MONY

21/07/2025 13:19

** British price comparison platform MONY Group MONY.L down 7.7% at 202.4p

** Stock on track to record biggest intraday pct loss since October 2022

** H1 gross margin drops to 66% from 68% a year ago, hit by weaker car market, higher online ad costs, and increased rewards for new SuperSaveClub members

** Co says Insurance revenue was down 2% against strong prior year comparative, in which car insurance premiums surged

** Co posts HY revenue of 225.3 million pounds, up 1% from last year

** Including session moves, stock up 5.4% YTD

(Reporting by Subiksha S in Bengaluru)

((Subiksha.S@thomsonreuters.com))