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Moonpig upgrades full-year revenue guidance

Moonpig said the positive post-lockdown trends was helping drive a strong trading performance for the current financial year
Moonpig said the positive post-lockdown trends was helping drive a strong trading performance for the current financial year

Britain's Moonpig has upgraded its revenue expectations for the year to April 30 to around £300m from its previous guidance of up to £285m.

This reflected the temporary impact of Covid-19 on demand in December and January.

The online greetings card company also said today that trading in February and March had provided further evidence of a permanent uplift in customer loyalty compared to before the Covid pandemic.

Moonpig said it had a successful Mother's Day and the positive post-lockdown trends was helping drive a "strong" trading performance for the current financial year.