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Park Group looks for strong results

Wed, 11th Apr 2012 08:38

Gift voucher supplier Park Group gave a positive update on Wednesday, saying it expected a strong financial performance in its full year figures.The firm said investment in its prepaid card system, flexecash, and the ongoing development of its web-based business had created substantial opportunities.The results of this were now beginning to be reflected in sales volume, it said, with 47 large retailers now accepting or having agreed to accept it's pre-pay cards.Park added that it was sitting on record cash balances, currently 21% - £11m - greater than a year ago."During the year we have also launched mobile applications to improve customer service and will shortly be launching mobile and email delivery of our prepaid products," the company said. "This will open new markets which have, until now, been difficult to penetrate." It also said its Christmas savings business also performed well, with 2011 sales volumes 5% up on the year before."Indications for Christmas 2012 are similarly encouraging with an increase in orders of approximately 6%," the firm added.
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12 Jun 2018 10:34

Park Group Profit Grows As Revenue Declines But Billings Increase

LONDON (Alliance News) - Gift card provider Park Group PLC said Tuesday its annual profit grew 4.1% as both consumer and corporate business performed well, increasing billings.For the year

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14 May 2018 12:10

Gift Cards Provider Park Group Appoints Tim Clancy As Finance Head

LONDON (Alliance News) - Park Group PLC, the company behind Love2Shop prepaid gift card, said Monday that Tim Clancy will succeed Martin Stewart as group finance director on August announced his a

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28 Mar 2018 13:24

Park Group Says Gary Woods Steps Down From Board And Will Retire

LONDON (Alliance News) - Gift voucher and gift card company Park Group PLC said on Wednesday Gary Woods, managing director of its Park Retail unit, has stepped down from the a

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9 Jan 2017 09:02

Retail Gift Card Provider Park Group Receives Mastercard License

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9 Jan 2017 08:53

Park obtains license for Mastercard products

(ShareCast News) - Park Group, a British multi-retailer, announced that it is now a licensed issuer of Mastercard products. The group is now able to issue Mastercard prepaid cards for online redemption at selected retailers including John Lewis, Argos and Debenhams. The offering will be expanded to

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22 Nov 2016 16:20

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5 Oct 2016 07:59

Park Group buys employee motivation partner Fisher Moy

(ShareCast News) - Multi-retailer gift voucher company Park Group has acquired Fisher Moy International, a corporate employee and customer engagement specialist, for an undisclosed fee after working with the company for over a year as an external provider. The AIM-listed company expects debt-free Fi

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22 Sep 2016 07:37

Park Group Order Book Up Ahead Of Busier Second Half

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1 Jul 2016 09:41

Park Group Deputy Chairman Dembitz Steps Down

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14 Jun 2016 09:48

Park Group Encouraged By Current Year So Far As Annual Profit Rises

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7 Jun 2016 15:06

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5 Apr 2016 15:21

Park Group appoints Laura Carstensen as chairman

(ShareCast News) - Park Group, the AIM-listed UK retail voucher and gift card services provider, has appointed Laura Carstensen to succeed Peter Johnson as non-executive Chairman on his retirement. In statement on Tuesday, the company said the appointment would take effect from 3 June. Carstensen jo

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5 Apr 2016 09:05

Park Group Annual Results To Be In Line; Appoints New Chairman

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