Strategic and operational progress

FY17 was a year of continued delivery of the strategy and steady operational progress, with results in line with our expectations. Ongoing investment in digital technology to support product innovation and e-commerce has been at the centre of Park’s growth strategy over a number of years. The strategy has generated a solid record of sales, profits and dividend growth and with a number of new initiatives at an early stage, we expect this trend to continue. Park’s cash-generative business model supports growth and an attractive growing dividend with a debt-free balance sheet.