Moonpig Group PLC (LSE:MOON) shares flew 8.6% higher after the online greetings card company reiterated its guidance for the current year.
Trading in the first few months of its financial year has been line with expectations, with the Moonpig brand delivering around 10% year-on-year revenue growth.
Greetz has returned to modest year-on-year growth on both a reported and constant currency basis.
Growth in orders was supported by an expanding active customer base, with subscription services Moonpig Plus and Greetz Plus exceeding a million members.
Average order values increased, which was attributed to guaranteed delivery and gift attachment trends.
The group expects adjusted EBITDA to grow at a mid-single digit rate for the year, with adjusted earnings per share growth of between 8% and 12%.
It plans up to £60 million in share buybacks during the year.