£1.1m of exceptional costs relating to the closure of the hamper business.
o Increased customers coming to us directly, with billings via highstreetvouchers.com 18.2% higher than prior year with particularly strong Q3.
Momentum continues in delivery of strategic business plan
The Group made further significant progress in delivering key elements of its strategic business plan during the year:
· Simplified, streamlined business - the Group underwent considerable restructuring during the year, having disposed of, or withdrawn from, hamper production, contract packing, operations in the
Republic of Ireland, and the brand engagement agency, FMI. The Group is now therefore fully focused on growing the core, more profitable business.
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Notes to Editors: Appreciate Group is one of the UK s leading gifting, pre-payment and engagement companies, and experts at creating joyful experiences and connecting people to the things in life they enjoy the most. Everything Appreciate Group does is focused on creating more joy in the world, and it is proud to be trusted to help its customers create moments they can treasure and remember, whether they are giving, celebrating or rewarding. Appreciate Group is a financial services business with a wide portfolio of brands which provide solutions for its consumer and business customers. Its consumer-facing brands meet a range of prepayment and gifting needs, while its business products help corporate customers reward and recognise their employees and clients.