Online card and gift retailer Moonpig recorded sales growth in a trading update ahead of its annual general meeting today (17 September).
The business said it continued to deliver consistent revenue growth at around 10% year on year.
It also noted that trading in its Dutch equivalent brand Greetz had “improved sequentially,” with its sales showing “modest year on year growth” on a reported and constant currency basis.
Moonpig said growth in its orders was underpinned by the continued expansion of its active customer base.
It also highlighted that shoppers were increasingly embracing its “innovative personalisation features”, with around 50% of its cards now including options such as AI-generated stickers, audio or video messages, or personalised handwriting.
Additionally, Moonpig and Greetz Plus subscriptions surpassed one million members.
Following partnerships with Hotel Chocolat and The Entertainer in FY25, the company said it expected upcoming trusted brand launches in flowers and gifting to support its continued attach rate growth during the key Christmas, Valentine’s Day and Mother’s Day trading periods.
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For FY26, Moonpig said it expected group adjusted EBITDA to rise at a mid-single digit percentage rate. It highlighted that it remained on track to deliver its FY26 guidance.
Moonpig CEO 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.”
He added: “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.”
In June, Raithatha revealed he would be stepping down after seven years, remaining in charge during a 12-month notice period. He joined the etailer in 2018, after founding and leading the Finery London fashion brand.
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