ERNST & YOUNG has succeeded KPMG as auditor of gift saving company Park Group.
KPMG Audit Plc resigned as the company's auditor and has confirmed there are no circumstances in connection with its resignation which it considers need to be brought to the attention of the company's members or creditors.
A statement from Park Group said: The directors of the company would like to thank KPMG Audit for the service provided to the company in the past."
For the six months ending 30 September 2012 Park's revenues increased 2% to £46.9m from £46m for the same period a year ago. The company also announced that pre-tax loss improved to £4.1m from £4.4m compared to 2011. However, Park Group is seasonally focused and it traditionally makes a loss in the first half of the year with the bulk of revenues generated in the second half.
Sign up for Financial Director email alerts
Please enter your email below to receive your profile link
Search by job title, salary, or location - we only list senior financial roles
Financial Director has launched a new flagship one-day conference for senior finance professionals
In this live web seminar, our panel of experts will run through alternative finance options, and how financial decision-makers can choose the best solution for their company
One of the UK's most well-respected bosses talks about retail, governance, reputation, tax, his career - and that of CFOs – in a wide-ranging interview...
Send to a friend