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Mony Group reported stronger first-half 2026 results, with like-for-like revenue up 6% to GBP 227 million and adjusted EBITDA up 3% to GBP 76 million. The company also said it helped consumers save an estimated GBP 1.5 billion during the period.
Growth was led by Insurance, Money and Home Services, while cashback revenue fell as consumer spending and marketing budgets stayed weak. Insurance trends improved, Money revenue rose 9%, and Home Services jumped 30% year over year.
The company is leaning further into AI and digital products, including upgraded apps, new investment and insurance offerings, and a business banking launch. It also expects to return more than GBP 90 million to shareholders in 2026 through dividends and buybacks, and reiterated confidence in meeting full-year EBITDA consensus.
Mony Group (LON:MONY) reported higher first-half revenue and adjusted earnings for 2026, as Chief Executive Officer Peter Duffy said the company benefited from the breadth of its brands, products and markets while U.K. households continued to face financial pressure.
Duffy said the group helped consumers save an estimated GBP 1.5 billion during the first half. On a like-for-like basis, revenue rose 6% to GBP 227 million, while adjusted EBITDA increased 3% to GBP 76 million. Adjusted basic earnings per share grew 5% to GBP 0.097.
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The company said it plans to return more than GBP 90 million to shareholders in 2026 through its progressive dividend and an ongoing GBP 25 million share buyback. Chief Financial Officer Niall McBride said the interim dividend was increased by 1%, and that more than GBP 19 million of the buyback had been completed to date.
McBride said the company's performance reflected resilience across a mixed market. He excluded the travel segment from his discussion of group revenue, costs and EBITDA on a like-for-like basis, noting that Mony moved to a minority stake in ICE Travel Group last year.
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Insurance revenue rose 4% to GBP 122 million, improving from a 2% decline reported at the 2025 half year. McBride said car insurance headwinds continued to ease, with average premiums down 5% year over year, compared with a 9% decline in the previous half. He cited AI-enabled journey enhancements, including Price Optimiser, which he said has helped more than 200,000 customers save an additional GBP 25 on average.
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