International Greetings on track

International Greetings, the maker of wrapping paper, cards and children’s party bags, said sales and underlying profits for the six months to 30 September were on track to meet City expectations, boosted by strong growth in the US. The UK-listed group is gearing up for the festive season and has made over 65m Christmas crackers at its new facilities in China. It also reported it is selling record levels of gift wrapping despite tough market conditions in continental Europe.