Strong first half for International Greetings

28th Oct 2010 14:40

Gift wrap and stationery supplier International Greetings says that sales have grown in line with expectations in the first half, although the second half is the most important period for the company. The six months to September 2010 have benefited from Toy Story 3 licensed products. There has also been growth in greeting cards sales thanks to the company getting its cards into two major supermarket chains. AIM-quoted International Greetings, which returned to profit last year, continues to improve the efficiency of its manufacturing facilities. September is the peak for debt but, year-on-year, it has fallen 155 to £86.4m at the end of September 2010. The interim figures will be published on 8 December.