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St Ives enjoys earnings jump
BRITISH printing firm St Ives posted a 28 per cent rise in annual profits yesterday, helped by its shift towards the higher-margin marketing services unit, adding that it will look at more acquisitions in the business.
The group, which prints 160m books each year from the Bible to bestsellers like Harry Potter, also raised its total dividend for the year by 50 per cent to 5.25p, helping to send shares up 9.78 per cent to 75.75p last night.