Christmas hampers and voucher specialists Park Group said it expects trading to be in line with market expectations for its year ending March 31 and Christmas 2011 orders are up 5% year-on-year.
Park Group will report full details on June 14.
It said corporate voucher and prepaid card sales performed well in its last financial year as the number of clients increased year-on-year. Park Group’s flexecash card, a pre-paid card redeemable at 24 retailers including HMV, Argos and New Look, which launched last year has over 300 corporate clients.
The retailer said: “While still a small part of the business demand has been growing rapidly and its performance has exceeded the board’s expectations.“
Its online business grew during the year with over £100m sales taken via its website.
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