Moonpig confident investment in platform will pay off

Moonpig
EcommerceNews

Online greeting card and gifting platform Moonpig has stressed that trading for the current financial year has remained in line with expectations, keeping its FY27 outlook unchanged.

Ahead of its annual general meeting [16 September], the group credited the growth at its core Moonpig platform alongside improving trends in experience-led gifting trends.

In June, the etailer had reported revenue growth of 6.5 per cent and a profit of £218m. This latest update shows the brand targeting mid-to-high single digit percentage annual revenue growth, and an Adjusted EBITDA margin of 25 per cent to 27 per cent.

Catherine Faiers [pictured], CEO, commented: “I am pleased with the progress we have made in the year to date and the disciplined execution of our strategy across the Group. Customers continue to choose us to help them recognise life’s important moments, reflecting the ongoing relevance of Moonpig’s proposition.

“We are focused on investing in our platform, brands and customer experience while delivering sustainable, profitable growth. We remain confident in our outlook for the year.”



Additionally, Moonpig said earlier this year that it was “on course” to complete £60 million of its FY26 share buybacks by its financial year-end.

The brand revealed its plans to commence a further share buyback of up to £65 million in FY27, which it said reflected its “continued strong free cash flow generation and confidence in the outlook for the group”.

In August, Moonpig named Earnies as its retained consumer PR agency, following a competitive pitch process.

The agency will be responsible for with delivering a programme of “fun, thoughtful and emotionally resonant” works and highlighting the brand’s product range.

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Moonpig confident investment in platform will pay off

Moonpig

Online greeting card and gifting platform Moonpig has stressed that trading for the current financial year has remained in line with expectations, keeping its FY27 outlook unchanged.

Ahead of its annual general meeting [16 September], the group credited the growth at its core Moonpig platform alongside improving trends in experience-led gifting trends.

In June, the etailer had reported revenue growth of 6.5 per cent and a profit of £218m. This latest update shows the brand targeting mid-to-high single digit percentage annual revenue growth, and an Adjusted EBITDA margin of 25 per cent to 27 per cent.

Catherine Faiers [pictured], CEO, commented: “I am pleased with the progress we have made in the year to date and the disciplined execution of our strategy across the Group. Customers continue to choose us to help them recognise life’s important moments, reflecting the ongoing relevance of Moonpig’s proposition.

“We are focused on investing in our platform, brands and customer experience while delivering sustainable, profitable growth. We remain confident in our outlook for the year.”



Additionally, Moonpig said earlier this year that it was “on course” to complete £60 million of its FY26 share buybacks by its financial year-end.

The brand revealed its plans to commence a further share buyback of up to £65 million in FY27, which it said reflected its “continued strong free cash flow generation and confidence in the outlook for the group”.

In August, Moonpig named Earnies as its retained consumer PR agency, following a competitive pitch process.

The agency will be responsible for with delivering a programme of “fun, thoughtful and emotionally resonant” works and highlighting the brand’s product range.

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