Investing.com -- Moonpig on Thursday reported a strong financial performance for FY25, with revenue expected to come in between £350 million and £353 million, just shy of consensus estimates.

The company also indicated that EBITDA margins will reach the upper end of its previously guided 25-27% range, while announcing a larger-than-expected £60 million share buyback set to begin in FY26.

The Moonpig brand remains a key driver of growth, with gift attachment rates showing strong momentum, particularly in the second half of the year.

Meanwhile, Greetz, its Dutch unit, faced headwinds in the third quarter due to aggressive short-term competition, though recent performance has shown signs of improvement.

Moonpig’s decision to increase its share buyback plan from an anticipated £50 million to £60 million underscores confidence in its financial position.

The programme, which follows the completion of its current £25 million buyback, represents approximately 8% of the company’s market capitalisation.

Analysts at Jefferies view the update as a positive sign, noting that consensus EBITDA forecasts of £95 million (with Jefferies’ own estimate at £96 million) are unlikely to shift following the announcement.