UK's MONY Group set for worst day since October 2022 on weaker margins

Reuters
2025.07.21 12:19
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UK's MONY Group shares fell 7.7% to 202.4p, marking the largest intraday percentage loss since October 2022. The company's H1 gross margin decreased to 66% from 68% due to a weaker car market, rising online ad costs, and increased rewards for SuperSaveClub members. Insurance revenue dropped 2% compared to a strong prior year, while HY revenue rose 1% to £225.3 million. Despite the decline, the stock is up 5.4% year-to-date.