17th Sep 2025 10:24
(Alliance News) - Moonpig Group PLC on Wednesday said it is on track to achieve annual guidance as it reported order growth and a "continued expansion of our active customer base".
The The London-based online greeting card and gifting company said so far in its financial year, which began on May 1, "trading momentum has continued".
"Moonpig continues to deliver consistent revenue growth at approximately 10% year on year. Greetz trading has improved sequentially, with revenue now showing modest year on year growth on both a reported and constant currency basis," it added.
"Growth in orders is underpinned by the continued expansion of our active customer base. Customers are increasingly embracing our innovative personalisation features to express themselves, with adoption continuing to rise - around 50% of all cards now including options such as AI-generated stickers, audio or video messages, or personalised handwriting. Moonpig and Greetz Plus subscriptions have now surpassed one million members with numbers continuing to grow each month. Together, rising adoption of personalisation and the expansion of Plus are deepening customer engagement and strengthening purchase frequency."
Moonpig still expects adjusted earnings before interest, tax, depreciation and amortisation to rise at a "mid-single digit" percentage rate for the full-year, and adjusted earnings per share to climb between 8% and 12%.
Moonpig added: "Strong free cash flow generation is expected to fund both ongoing investment in our growth strategy and returns to shareholders, comprising dividends and our FY26 share repurchase programmes of up to GBP60 million."
Chief Executive Officer Nickyl 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.
"We continue to use technology, artificial intelligence 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. 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."
Moonpig shares rose 6.2% to 210.50 pence each on Wednesday morning in London.
By Tom Budszus, Alliance News slot editor
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