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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Park Grp. | LSE:PKG | London | Ordinary Share | GB0006710643 | ORD 2P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 79.00 | 76.50 | 81.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMPKG
RNS Number : 7069B
Park Group PLC
06 April 2017
6 April 2017
Park Group plc
(AIM: PKG.L)
("Park" or "the Company")
Trading Update
Park, the UK's leading multi-retailer, multi-channel gift voucher and prepaid gift card provider, announces an update on trading for its financial year ended 31 March 2017, ahead of the announcement of its Preliminary Results on 13 June 2017.
The Board expects to report results for the year to 31 March 2017 in line with market expectations.
The Company's Interim Statement, released on 29 November 2016, reported that the financial performance in the first six months of the year delivered further good levels of growth in both our Consumer and Corporate businesses. The first half ended well, with order books ahead of the same period last year, as the Company entered the very busy trading period running up to Christmas.
Trading in the second half, including the important Christmas period, maintained the momentum of the first half and delivered further good progress, as our commitment to product and service enhancement continues to drive success on both sides of the business. Completed orders for the Consumer business were over 4 per cent ahead of last year. The Corporate business saw increased traction in part due to our 'Evolve' digital corporate rewards and incentivisation platform which now has attracted 162 corporate customers following its launch in June last year. This platform allows customer organisations to cost effectively create and control their own web or smart device based reward programmes.
Park's overall financial position remains extremely sound with cash balances ahead of last year.
Early indications for the coming year from our Consumer and Corporate businesses are positive, with order books again ahead of their position at the same time last year, giving us confidence in a strong year ahead.
For further information please contact:
Hot Features
Premium
Park Group plc Arden Partners Tavistock Communications
plc
Chris Houghton Steve Douglas Andrew Dunn
Martin Stewart Benjamin Cryer Jeremy Carey
Sophie Praill
Tel: 0151 653 Tel: 020 7614 Tel: 020 7920
1700 5920 3150
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
April 06, 2017 02:00 ET (06:00 GMT)
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