Moonpig Group Reports Steady Performance, Maintains Guidance

Moonpig Group PLC reported trading performance is in line with expectations for the financial year, with revenue growth projected for FY25. The company reiterated its targets of strong revenue growth and EBITDA margin, indicating a stable outlook.

Date: 18-09-2024

AI Rating: 7

According to the report, Moonpig Group PLC has recently declared that its trading performance for the ongoing financial year aligning with expectations is a positive sign for investors. The company reaffirms its guidance, suggesting a level of confidence in its business operations.

The expected revenue growth for fiscal year 2025, forecasted at a mid-to-high single-digit percentage rate, demonstrates an optimistic outlook, driven by increasing orders at the Moonpig brand. This signals potential revenue stability, which is vital for investor sentiment.

In terms of performance metrics, the company has set medium-term targets, including:

Double-digit annual revenue growth: This reflects an aggressive growth strategy, likely to attract investors looking for long-term value.
Adjusted EBITDA margin of approximately 25% to 26%: A healthy EBITDA margin indicates efficient operations and the potential for profitability.
Mid-teens percentage growth in adjusted earnings per share: Growth in EPS can enhance shareholder value and attract investments.

Overall, the key highlights in terms of financial performance suggest a stable and positive outlook for Moonpig Group, which should provide reassurance to existing and potential investors.

Stocks: MOON.L