Moonpig Group plc (LON: MOON) reported strong profitability for the current financial year and announced a new £60 million share buyback programme set to begin in FY26, pushing its shares slightly higher at the start of Thursday’s session.
The UK-based online greeting card and gifting platform said it expects double-digit percentage growth in adjusted EPS, supported by a higher-than-expected adjusted EBITDA margin at the top end of its 25% to 27% guidance range.
The company anticipates full-year revenue between £350 million and £353 million, driven by strong sales at Moonpig across its customer base, order frequency, and average order value.
While its Netherlands-based Greetz unit had a slower start to H2, the company said that recent improvements have been noted.
CEO Nickyl Raithatha attributed the strong performance to the Moonpig brand, technology, and data-driven customer engagement.
“We are pleased that Moonpig Group continues to deliver strong profitability and high free cash flow generation,” he commented. “Our strong performance reflects our unique customer proposition and sustained investments in technology and data.”
Personalisation features, including AI handwriting, audio and video messages, and AI-generated stickers, are said to have gained traction.
The company reported that over 1 million personalised images have been created using its latest AI sticker tool since its launch.
Moonpig remains confident in the long-term shift to online retail, with Raithatha adding: “As we look ahead, we remain well positioned to benefit from the long-term structural shift to online and to deliver mid-teens percentage growth in Adjusted earnings per share over the medium-term.”
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