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AI boosts Moonpig sales

The online greetings card company expects revenue to keep climbing this year
June 27, 2024
  • Rapidly improving balance sheet
  • Dutch business still causing problems 

Moonpig’s (MOON) share price jumped by 10 per cent after it reported its full-year results. It’s easy to see why: revenue at the greetings card company increased by 7 per cent to £341mn in the period, while adjusted profit before tax climbed by 5 per cent to £58.2mn. Management expects momentum to continue into the new financial year, forecasting mid- to high single-digit sales increases. 

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