Moneysupermarket increases its 2016 full year dividend by 8%. Announces Buyback.

DividendMax Ltd.

Moneysupermarket increases its 2016 full year dividend by 8%. Announces Buyback.

Group revenues up 12% led by strong quarter four trading.

Adjusted Operating Profit up 8%.

Adjusted Earnings and dividend both rise 8%.

The technology investment programme continued with £23m of capital investment. 

Announcing a £40m share buyback programme in line with capital allocation policy.

Peter Plumb, Moneysupermarket.com Chief Executive Officer, said:

"We saved nearly seven million families £1.8bn on their household bills in 2016, which helped us grow revenues by 12%. This adds up to another great year for the Moneysupermarket Group. We increased the dividend 8% and are announcing a £40m share buyback.

"Our technology investment programme is equipping us to save more families more money on a wider range of bills in the years ahead. Using data to make comparison more personalised, more informed, quicker and easier is differentiating us from other comparison sites."

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