REG - Card Factory PLC - Notice of AGM <Origin Href="QuoteRef">CARDC.L</Origin> - Part 2

Card FactoryAnnouncement

25/04/2017 07:07

- Part 2: For the preceding part double click  ID:nRSY1831Da 

                                                                                                                                                                                                consumer behaviour to new channels.                                                                                                                                       
 
 
Online  Since 2016: No change 
 
The Group's online presence, via our Getting Personal and Card Factory
transactional websites, remains a relatively new and developing part of the
business but is one of our four strategic pillars of growth. Our websites
operate in a very competitive market with relatively low barriers to entry. If
they do not evolve to account for changing customer tastes and the different
devices being used by customers to make online purchases, they may not deliver
the anticipated revenue growth. This may also affect our reputation and
customer perception of our brands. 
 
·      Investment in the management team at Getting Personal.·      New team
reviewing Card Factory online proposition and marketing activity supporting
this.·      Online focused team put in place within the Group's design
studio.·      Continued investment in offering via in-house web development
team.·      Analysing various data (transactional, industry, competitor, etc)
to ensure we respond appropriately to changing customer tastes.·      Mobile
sites have evolved to reflect evolution in consumer behaviour to new
channels. 
 
Directors' Responsibility Statement 
 
The Annual Report and Accounts 2017 contains a responsibility statement by
Karen Hubbard, Chief Executive Officer, and Darren Bryant, Chief Financial
Officer, by order of the Board in the following form: 
 
"We confirm that to the best of our knowledge: 
 
·      the financial statements, prepared in accordance with the applicable
set of accounting standards, give a true and fair view of the assets,
liabilities, financial position and profit or loss of the Company and the
undertakings included in the consolidation taken as a whole; and 
 
·      the Strategic Report includes a fair review of the development and
performance of the business and the position of the issuer and the
undertakings included in the consolidation taken as a whole, together with a
description of the principal risks and uncertainties that they face. 
 
We consider the Annual Report and Accounts, taken as a whole, is fair,
balanced and understandable and provides the information necessary for
shareholders to assess the Group's position and performance, business model
and strategy." 
 
Related Party Transactions 
 
Details of the only material transactions with related parties during the
financial year ended 31 January 2017 are set out in note 28 of the financial
statements on page 112 of the Annual Report. 
 
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