Moonpig sales boosted by higher card prices while orders dwindle

M

oonpig Group has revealed a jump in sales as it upped the prices of its greetings cards, but said consumers were buying fewer cards and sending cheaper gifts.

The online greetings cards and gifts giant saw its profits decline as it notched up higher costs.

It reported a 5.2% increase in its group revenue in the year to the end of April, compared to the previous year, to £320.1 million from £304.3 million.

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