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Moonpig's earnings fall 19% as pandemic boost fades

Moonpig has today reported annual adjusted earnings of £74.9m on revenue of £304.3m
Moonpig has today reported annual adjusted earnings of £74.9m on revenue of £304.3m

Online greeting card firm Moonpig's adjusted earnings for the year to the end of April fell 19% as the boost from pandemic lockdowns in the previous year faded.

But it said today it was confident about this year after a good start.

The British company, which announced the acquisition of gift platform Buyagift after its year-end, reported adjusted earnings of £74.9m on revenue of £304.3m.