Moonpig Group (MOON) Trading update summary
Event summary combining transcript, slides, and related documents.
Trading update summary
18 Mar, 2026Financial performance and outlook
Profit performance and cash generation remain strong, supporting guidance achievement.
Adjusted EBITDA expected to grow mid-single digits; EPS growth anticipated at the top end of 8%-12% guidance.
Moonpig segment expects high single-digit revenue growth; Greetz sees low single-digit growth in constant currency.
Experiences segment trades slightly ahead of expectations but will see a mid-single digit revenue decrease.
Leverage projected at approximately 1.1x Adjusted EBITDA by year-end.
Capital allocation and shareholder returns
£60 million of FY26 share buybacks on track for completion by year-end.
New share buyback program of up to £65 million announced for FY27.
Strong free cash flow generation underpins continued capital returns.
Strategic positioning and leadership
CEO highlights strong brands, loyal customer base, and data-driven capabilities.
Focus on leveraging proprietary data and customer relationships for future growth.
Confidence expressed in sustained growth and market leadership in online cards and gifting.
Latest events from Moonpig Group
- Revenue and profit accelerated in H2, with strong cash flow and over 500k new subscribers.MOON
H2 20243 Feb 2026 - Revenue, profit, and cash flow accelerated, with strong tech-driven growth and lower leverage.MOON
H2 2024 (Q&A)3 Feb 2026 - Double-digit growth targeted via tech, data, new markets, and enhanced shareholder returns.MOON
CMD 202419 Jan 2026 - Revenue up 3.8%, 26.5% EBITDA margin, £56.7m impairment, and strong capital returns.MOON
H1 202511 Jan 2026 - Revenue up 6.7%, Adjusted EBITDA up 7.7%, and interim dividend up 25% year-over-year.MOON
H1 20269 Dec 2025 - Adjusted EBITDA margin reached 27.6% with 18% EPS growth and strong free cash flow.MOON
H2 2025 Q&A13 Nov 2025 - Adjusted EBITDA margin reached 27.6% with strong cash flow and double-digit EPS growth.MOON
H2 202513 Nov 2025 - 10% revenue growth, rising order values, and strong Plus subscriptions support FY26 outlook.MOON
Trading Update17 Sep 2025