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Investing.com -- Shares of Moonpig Group Plc (LON:MOONM) gained more than 5% on Wednesday after the company said its Moonpig brand revenue increased about 10% in the first four months of fiscal 2026.
The UK-based consumer technology company said the growth was consistent with the double-digit increase it reported through the end of June.
Moonpig said performance was supported by an increase in active customers, more than 1 million Moonpig Plus subscriptions, and gains in average order value.
The company added that the average order value continues to benefit from higher gift attach rates.
“We are also pleased to see Greetz having returned to ’modest’ growth during the period,” said analysts at Jefferies in a note.
The company reiterated its guidance for the full year, including mid-single-digit growth in adjusted EBITDA.
Jefferies said the update was “encouraging,” noting that premium growth in the U.K. continued, Greetz returned to positive territory, and full-year 2026 estimates were maintained.