The Moneysupermarket.com Group Plc Board has recommended a final dividend of 8.9p pence per share (2022: 8.6p), making the proposed full year rdividend 12.1p pence per share (2022: 11.7p). The final dividend will be paid on 10 May 2024 to shareholders on the register on 2 April 2024, subject to approval by shareholders at the Annual General Meeting to be held on 2 May 2024.
Other financial highlights include:
Record revenue at £432m, despite no material revenue from energy switching
11% revenue growth led by exceptional trading in Insurance, supported by efficient acquisition and retain and grow strategy
EBITDA up 14%, ahead of revenue growth, to £132m with margins expanded to 31% demonstrating continued robust cost management
Adjusted basic EPS up 12%
Operating cashflow before tax increased 7%, following the increase in tax rates operating cashflow after taxes are down 2%