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Equity Bottom-Up

<p>Moonpig’s trading statement for FY25 (to end April) shows that the year looks set to finish in line or slightly better than expected. This is despite a challenging consumer confidence and geopolitical environment. While disruptive, the group’s business model continues to prove robust and therefore significant growth opportunities remain. Its modest capital base generates high returns, which suggests attractive underlying value in the shares.</p>

Moonpig’s trading statement for FY25 (to end April) shows that the year looks set to finish in line or slightly better than expected. This is despite a challenging consumer confidence and geopolitical environment. While disruptive, the group’s business model continues to prove robust and therefore significant growth opportunities remain. Its modest capital base generates high returns, which suggests attractive underlying value in the shares.

Moonpig — FY25 update shows continued cash generation

Moonpig Group PLC

Moonpig — FY25 update shows continued cash generation