Moneysupermarket increases its 2017 interim dividend by 3%

DividendMax Ltd.

Moneysupermarket increases its 2017 interim dividend by 3%

Group Revenues up 5%.

Customer savings up 17% to £1.1 billion.

Adjusted Operating Profit up 3%.

Net cash £17.7m.

Interim dividend up 3%, continuing our progressive dividend policy.

£20m of £40m share buyback completed as at 30 June.

Mark Lewis, Chief Executive Officer of Moneysupermarket.com Group, said:

"We've helped more people take control of their household bills than ever before, saving our customers £1.1bn in the first half of this year. 

"Insurance switching grew an encouraging 18%. However,  the energy market continues to evolve and the lack of blockbuster energy deals from providers meant we didn't collectively switch as many people as last year.

"Our focus now is on using our tech investment to find new ways to help our customers, particularly on mobiles, and improving our everyday energy switching."

Companies mentioned