Revenue at £229m and profit before tax at £9.2 million in preliminary results.
Major licensing wins including new franchises with Disney and Universal Studios were among the operational highlights cited in International Greetings’ preliminary results.
Revenue for the year ended March 31 2015 was £229 million, up £4.6 million (2%) or £9.9 million (4.5%) at like for like exchange rates.
Profit before tax stood at £9.2 million (2014: £7.6 million).
Chief executive Paul Fineman commented: “We will continue to grow sales of licensed products with stationery and creative play categories being consolidated under our Copywrite brand in the UK.
“Sales of the highly popular Frozen and Despicable Me ranges were noteworthy and continue to thrive into the new year, alongside a continually refreshed and updated selection of licensed product ranges.”
Paul also noted that the company was on track to meet its three-year plan of overall double digital earnings per share growth.
Underlying operating profits in Europe were also up by 32%, while the installation of new gift bag manufacturing facilities in China which will be fully deployed throughout 2015/16.
