Company Profile For International Greetings PLC

International Greetings plc is a United Kingdom-based company. The Company is engaged in the design, manufacture and distribution of greetings and related products, specifically gift wrapping paper, stationery, gift bags, crackers, greetings cards, photo frames, albums and other decorative accessories. The Company’s subsidiaries include International Greetings (UK) Limited, Scoop Designs Limited, Gift Design Limited, International Greetings Asia Limited, Hoomark Gift-wrap Partners BV and Anchor International BV.

BRIEF: For the fiscal year ended 31 March 2009, International Greetings plc's revenues increased 13% to £216.9M. Net loss from continuing operations totaled £21.4M, up from £8.5M. Revenues reflects an increase in income from UK, Europe, USA and Asia region. Higher loss reflects an increase in cost of sales, increased finance expenses, a decrease in share of profit of associates and an increase in exceptional items.