Online card retailer Moonpig today forecast its revenue to retain momentum during 2024, with the second half of the year more likely to clock in a significant growth rate despite an uncertain macroeconomic environment.
"We are excited to return to revenue growth in the year ahead, underpinned by continued investments in our technology, marketing and operational capabilities," CEO Nickyl Raithatha said in a statement.
Moonpig had witnessed a slowdown in the first half of the year due to postal strikes at Royal Mail.
It is now witnessing growth after strikes were put on hold as negotiations with unions representing employees continue.
The company also said its second half of 2023 saw resilient trading, underpinned by the biggest week of sales in the UK ahead of Mother's Day celebrations.
