International Greetings sells over 2bn ft of wrapping paper

International Greetings, a gift wrap and stationery supplier, performed in line with management's expectations during the Christmas trading period and the third quarter.

During the Christmas period the firm's annual gift wrap sales exceeded 2 billion feet for the first time.

Paul Fineman, Chief Executive said: "Whilst it was a challenging trading environment for our customers, we are pleased to report the group experienced a strong Christmas trading period.

Article continues below

Try 6 free issues of MoneyWeek today

Get unparalleled financial insight, analysis and expert opinion you can profit from.

Start your trial

https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

"It was our most global Christmas, working with customers in over 80 countries, and we are pleased that we performed in line with expectations. We remain confident in our strategy and the full year outlook."

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.