Appreciate Group (APP), formerly Park Group (PARK) interim results November 2019
Ian O’Doherty, CEO outlines what’s been achieved in the period, not least the new name, their move to new offices, the pending launch of a new product, Giftli and more. This illustrates the execution of strategy, and a confidence in the full year.
Overview – 00:20
Rebrand to Appreciate – 01:08
Progress – 02:18
Giftli – 03:51
Strategy – 05:14
Outlook – 07:48
Appreciate Group Plc, formerly Park Group Plc, is a United Kingdom-based multi-retailer redemption product provider to corporate and consumer markets. It operates gift voucher, prepaid gift card and financial service business, which is engaged in delivering rewards and prepaid products and is focused on consumer prepayments and corporate reward and incentive programs. The Company’s segments include consumer and corporate. The consumer segment includes the Company’s sales to consumers, utilising its Christmas savings offering. The corporate includes the Company’s sales to businesses, offering primarily sales of the Love2shop voucher, flexecash cards, Mastercards and e-codes in addition to other retailer vouchers. Love2shop is the multi-retailer gift voucher and prepaid gift card. It offers flexecash, which is its information technology infrastructure. Its Park Christmas Savings Club operates through a network of agents.
Videos from Appreciate Group formerly Park Group