Park obtains license for Mastercard products
9th Jan 2017 08:53
(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
Read morePark Group buys employee motivation partner Fisher Moy
5th Oct 2016 07:59
(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
Read morePark Group appoints Laura Carstensen as chairman
5th Apr 2016 15:21
(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
Read moreGlencore director backs company to the tune of nearly half a million pounds
1st Oct 2015 16:31
(ShareCast News) - Glencore nearly bounced to pre-slump levels on Thursday, and director John Mack showed investors he's still backing the mining company. Shares in the FTSE 100-listed company dropped dramatically on Monday after Investec warned the stock holds little value for shareholders. But Jo
Read morePark Group annual profit surges on corporate billings
9th Jun 2015 15:40
Voucher and prepaid gift card provider Park Group has seen its annual pre-tax profit rise as corporate billings surged. The London-listed company reported a 16% year-on-year increase in pre-tax profits to £10.9m in the year to 31 March, while billings rose 11% to £372.9m. Corporate billings, which
Read moreSunday share tips: BT Group, Shepherd Neame, Afren
21st Dec 2014 20:01
Long-term investors should consider buying shares in BT, Danny Fortson argued in the Sunday Times. The Inside the City columnist said BT boss Gavin Patterson is likely to ask shareholders for about £2bn to help fund his acquisition of mobile operator EE. Patterson might not stop there because the ne
Read morePark Group anticipates in-line full year results
2nd Apr 2014 08:33
AIM-listed Park Group, a gift voucher and prepaid gift card provider, said on Wednesday that its trading for the year ended March 31st was in line with market expectations after experiencing a continued gradual improvement in trading conditions. The company said its final Christmas order book was a
Read moreRegenersis CFO tops up stake as results impress
24th Sep 2013 16:44
Jog Dhody, the Chief Financial Officer of Regenersis, on Tuesday acquired 39,000 ordinary shares in the outsourcing partner on the same day it posted "a strong financial performance and good growth" for the year ended June 30th. Dhody bought the shares a price of 255p per share, spending a total o
Read morePark Group continues to perform well
27th Sep 2012 12:39
Gift voucher supplier Park Group held its annual general meeting on Thursday, where its Chairman, Peter Johnson, told investors that the strong performance since in the year to March 31st has continued in the months since. Speaking at the meeting the Chairman said the company's internet, social ne
Read morePark Group looks for strong results
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 opportuniti
Read moreSector movers: Brewin Dolphin drags on financial services sector
7th Dec 2011 15:10
Financial services stocks were on the decline on Wednesday afternoon, with independent wealth manager Brewin Dolphin providing a drag on the sector. The FTSE 250 stock was down 3.52% at 129p by 15:48 despite its funds under management rising 3.4% in the last year, driven by its discretionary invest
Read morePark Group tumbles on poor results
6th Dec 2011 16:18
Vouchers and Christmas hampers supplier Park Group saw its share price take a tumble after reporting a fall in revenue as profits swung into the red. Revenues for the half year fell from £50.9m to £46m on a like-for-like basis. Meanwhile, rising costs led to a pre-tax loss of £4.4m, compared with a
Read moreWednesday tips round-up: Oxford Instruments, UK Coal, ENRC
15th Jun 2011 06:31
Analysts have been known to complain mildly about the slow progress of Oxford Instruments in finding promised acquisitions. The maker of high-tech analytical devices announced two yesterday, and the slow pace seems understandable. Such acquisitions are tricky, being more about providing a sympatheti
Read morePark boosts earnings through head office purchase
9th Feb 2011 16:09
Vouchers and Christmas hampers supplier Park Group has bought the freehold of its head office which will help to enhance its profit. AIM-quoted Park is paying £4.75m plus VAT for the site in the Wirral, plus £228,000 in stamp duty. Owning the property will save £459,000 a year in rent. Most of the
Read moreDownturn lifts revenues at Park Group
9th Dec 2010 08:37
Voucher and prepaid card business Park Group served up a 49% increase in half year revenue and returned to profit as demand increased from cost conscious customers. The group, which started out as a supplier of Christmas hampers, said revenue increased to £50.9m for the six months to 30 September
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