Wales-based gift wrap, cards and cracker manufacturer, International Greetings, has issued a trading statement for the financial year to the end of March, which shows ‘excellent growth’ in the firm’s European business.
Founded in south Wales in 1979 by Anders Hedlund of Sweden, the business now employs approximately 500 staff at its manufacturing plant in Ystrad Mynach.
The trading statement said: “Investments in capital projects, which shall create important future efficiencies in manufacturing operations, have proceeded on time and on budget.
“The advantage of the group’s diverse revenue streams and geographic spread to combat varying market conditions, has again been demonstrated this year.
“During the period, the group experienced excellent growth within our European business, whilst extreme weather conditions during the winter in the USA provided unprecedented challenges in an otherwise pleasing trading environment.
“We are pleased with the development of our order book in the current year. This reflects the increasingly closer ties that that we have nurtured with our growing global customer base, our focus on excellent customer service and an innovative, commercially successful product offering.”
International Greetings will welcome the Queen and the Duke of Edinburgh to its plant in Ystrad Mynach week (30 April), as part of a royal visit to south Wales.
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