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(Sharecast News) - MoneySuperMarket-owner Mony Group reiterated guidance on Monday despite "significant" headwinds in car insurance.
Revenues for the year to 31 December rose 2% to 446.3m, while adjusted earnings before interest, tax, depreciation and amortisation were up 2% at 145.1m.
The FTSE 250 firm saw solid growth in money and home services, with revenues up 8% at 105.7m and 33% at 48.2m respectively. But that was partially offset by a 1% dip in revenues in insurance, its largest division, to 232.5m, with particularly challenging conditions in car and home.
Mony called it a "resilient financial performance despite significant headwinds in car insurance".
It also reiterated guidance for the current year, noting: "Our recent trading performance coupled with momentum in our strategic execution gives the board confidence that we will deliver adjusted EBITDA for 2026 in line with our published consensus range."
The market is currently looking for adjusted EBITDA between 142m and 153m.
Shares in Mony plunged earlier this month, along with rival comparison portals and brokers, over concerns that consumers could sources insurance quotes via ChatGPT. However, Mony has since launched its own ChatGPT app as it looks to address the rise of artificial intelligence.
Peter Duffy, chief executive, said: "2025 was another year of great progress for the group.
"Our leading data and tech architecture, combine with the power of our brands has positioned us exceptionally well to harness the opportunity of AI, and is powering our momentum as we head into 2026.
"This is a business with energy, resilience and momentum that is well placed for continued growth."
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