International Greetings shrugs off challenging markets

Gift wrap and stationery supplier International Greetings reported a 6%increase in half year sales and said significant opportunities across its markets gives makes it optimistic for the future.

Gift wrap and stationery supplier International Greetings reported a 6%increase in half year sales and said significant opportunities across its markets gives makes it optimistic for the future.

Sales in the half-year to 30 September rose to £110.3m from £104.5m in 2010. Profit from continuing operations before tax was flat at £2.1m. Profit before tax and exceptional surged 50% to £3.2m. Operating profit before exceptional costs rose 38% to £5.2m.

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