Moonpig on track to deliver on full year guidance
Moonpig Group has said it is on track to meet its full year guidance as it reported that it is trading in line with expectations.
Ahead of its annual general meeting today, the online greeting card and gifting platform said Moonpig has continued to deliver consistent revenue growth at approximately 10% year-on-year since the start of its financial year on 1 May.
Subscribe to TRBMeanwhile, Greetz trading has improved sequentially, with revenue now showing modest year-on-year growth.
The group said trading has been boosted by the continued expansion of its active customer base and shoppers embracing innovative personalisation features. Around 50% of all cards sold now include options such as AI-generated stickers, audio or video messages, or personalised handwriting.
Nickyl Raithatha, Moonpig Group chief executive, said: “We continue to use technology, AI and data to enable our customers to connect with their loved ones in new and creative ways.
“AI generated stickers have quickly become our most widely adopted innovation, with customers now creating two million personalised images every month, demonstrating the resonance of our proposition and the scalability of our technology platform.”
Looking ahead to the outcome of FY26, the group is continuing to expect group adjusted EBITDA to grow at a mid-single digit percentage rate and growth in adjusted earnings per share to be between 8% and 12%.
Raithatha said: “We have had a good start to the year, demonstrating the continuing power of the Moonpig proposition. With strong growth in the Moonpig brand and a return to year on year growth for Greetz, we are on track to deliver our FY26 guidance.
“Moonpig’s unique combination of leading market positions, strong customer retention, good profit margins and robust cash generation puts us in pole position to capitalise on the long-term structural shift to online.”
