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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Retail & consumer

Moonpig out to prove sellers wrong

Last significant news from online card group Moonpig was the sale of 7.3% of the company’s shares by a consortium of private equity groups.

It knocked 10% of the shre price at the time and the FTSE 250 group will want to show that there was no underlying reason to justify the sale.

Deutsche Bank is predicting full-year revenue of £337 million, up 5.2% year-on-year, with underlying profits [adjusted EBITDA] of £92.9 million and pre-tax profits of £47.8 million.

Net debt is also expected to fall sharply.

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The Markets
by Proactive
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Small-cap coverage continues on .com
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