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Moonpig Group Reports Strong Financial Growth

Moonpig Group Reports Strong Financial Growth

Moonpig Group Plc (GB:MOON) has released an update.

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Moonpig Group plc celebrated a year of solid financial growth, with revenue climbing 6.6% to £341.1 million and adjusted profit before taxation up 5% to £58.2 million, driven by technology and innovation. The company’s strong performance was underpinned by the success of the Moonpig brand, which achieved impressive revenue growth and introduced the successful Moonpig Plus subscription service. With robust cash generation and reduced net leverage, Moonpig Group is well-positioned for sustained growth and is considering returning excess capital to shareholders.

For further insights into GB:MOON stock, check out TipRanks’ Stock Analysis page.

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