- Leverage heading in the right direction
- Improved AI capabilities boosts sales prospects
The share price of Moonpig (MOON) received a leg-up in October when broker Jefferies said that sales prospects at the online greeting card and gifting platform were improving. With Christmas in sight, that’s hardly surprising, but the company’s latest interim figures suggest the broker wasn’t wide of the mark. The 6.5 per cent top-line increase through to October will please analysts given that sales are weighted towards the second half of the year, but there was a mixed showing, with the core Moonpig service outshining the Greetz brand in the Netherlands.