Park Group posts 4.1% rise in profits as voucher sales increase
Merseyside-based Park Group, the gift voucher and prepaid gift card business, has posted a 4.1% rise in annual profit as it increased in billings in both its corporate and consumer businesses.
For the year to the end of March, the group’s pre-tax profit rose by 4.1% in the year to reaching £12.9m compared to £12.4m the year before while operating profit grew to £11.6m from £10.9m.
Total billings increased by 2% £412.8m and revenue of £296.2m compared to £310.9m the year before was posted.
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