HMV Group, the British based retail giant, has confirmed a period of double-digit growth to close its financial year, while boasting its future business developent plan was ahead of schedule.

In a pre-close trading update, HMV said group sales rose 11.9% in the 16 weeks ending April 26, to complete its financial year. Like-for-like growth during the period was 10.1% reports Billboard. HMV's UK and Ireland operations delivered 18.4% sales growth, and 13.8% like-for-like sales growth during the period. The firm's scaled-down international operations generated figures of 5.3% sales growth, and 2.2% like-for-like growth.

The company will report its preliminary full-year results on July 1. HMV says its management is confident profits before tax and exceptional costs will be towards the upper end of market expectations, which are expected in the range of £46million ($89million) to £58million ($113million).