MONY Group has reported what it has described as a "resilient financial performance", as its revenue increased by 1% year-on-year to £225.3m in the six months to 30 June.

The firm, which trades as Money Supermarket, stated that these results came alongside anticipated headwinds in car insurance, which was offset by growth in other channels.

It added that its adjusted EBITDA increased by 2% to £95m in this period, while its profit after tax jumped by 3% to £45.6m.

Furthermore, MONY’s operating costs dropped by 6%, while its adjusted earnings per share increased by 4%.

The group stated that it has helped its customers to save £1.4bn in the six months to 30 June, while its SuperSaveClub has surpassed the 1.5 million milestone, generating 14% of group revenue.

Chief executive officer at MONY Group, Peter Duffy, said: "We've started the year well, hitting strategic milestones and growing revenue and profits despite the challenges faced in some of our end markets.

"Ours is a business that only makes money if customers save money and in the first half of 2025, we helped customers to save an estimated £1.4bn.

"Since February, we have welcomed over half a million new members to the SuperSaveClub, bringing total membership to just over 1.5 million - we see plenty of room for further growth. The investment we've made to date in our data and tech platform means we have a scalable and competitive springboard to unlock further AI and innovative product development opportunities."

In its outlook, the firm said that it expects to reach its previous EBITDA of between £137m and £150m.

MONY Group added that despite the headwinds faced in some of its end markets, it will continue to leverage its "strength in breadth" and the agility of its performance to deliver a "resilient financial performance while maintaining momentum.

The firm concluded: "We remain well-positioned to deliver sustainable, profitable growth. Our strategic focus on deepening customer engagement, broadening our product offerings, and disciplined execution gives us the platform to navigate whatever market conditions lie ahead. We're confident in the opportunities for H2 and beyond."

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