Adrian Lawrence Podcast

Moonpig reports busiest ever week of trading.

February 19, 2021 Adrian
Adrian Lawrence Podcast
Moonpig reports busiest ever week of trading.
Chapters
Adrian Lawrence Podcast
Moonpig reports busiest ever week of trading.
Feb 19, 2021
Adrian

Moonpig group plc the recently listed greetings card online retailer reported its strongest ever week over the valentines day period.  The company now expects its revenues for the year to 30th April to be around double the £173m it reported in the previous year.  The shares rose 2.5% to £4.45 in early trading on Thursday.

The increase in demand saw the "strongest ever trading week in the Group's history" the company said in a brief statement.

It shows that the pandemic has had a positive impact on the groups trading as most high street competitors are closed due to the UK's lockdown. What happens once the country re-opens and life returns more to normal remains to be seen.  This is still a very positive result for the company.

To learn more about Reporting Accounts and to find information and insights into companies like Moonpig and more than 4.8million others, visit our website which can be found at https://www.reportingaccounts.com

Show Notes

Moonpig group plc the recently listed greetings card online retailer reported its strongest ever week over the valentines day period.  The company now expects its revenues for the year to 30th April to be around double the £173m it reported in the previous year.  The shares rose 2.5% to £4.45 in early trading on Thursday.

The increase in demand saw the "strongest ever trading week in the Group's history" the company said in a brief statement.

It shows that the pandemic has had a positive impact on the groups trading as most high street competitors are closed due to the UK's lockdown. What happens once the country re-opens and life returns more to normal remains to be seen.  This is still a very positive result for the company.

To learn more about Reporting Accounts and to find information and insights into companies like Moonpig and more than 4.8million others, visit our website which can be found at https://www.reportingaccounts.com