Greetings card firm’s losses reach £8m

Greetings card firm UK Greetings has endured another difficult year after recording pre-tax losses of £7.8m. The Dewsbury-based group, which is owned by American Greetings, saw sales fall by nearly £10m to £142.3m in the year to February. Pre-tax losses had been reduced from the previous year, when they reached £10.5m. The group blamed the losses on "individual events which are not expected to be recurring", including the loss of a major customer and the restructuring that followed. UK Greetings manufactures overseas a... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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