AGM Statement

RNS Number : 4194M
Walker Greenbank PLC
16 July 2014
 



 

For immediate release

16 July 2014

 

 

WALKER GREENBANK PLC

("Walker Greenbank" or "the Company")

 

AGM Statement

 

Walker Greenbank PLC (AIM: WGB), the luxury interior furnishings group whose brands include Sanderson, Morris & Co., Harlequin, Zoffany, Scion and Anthology, will hold its Annual General Meeting in London this morning.

 

Terry Stannard, Walker Greenbank's Chairman, will make the following statement:

 

"At the time of our preliminary results we said that the current financial year has started well. I'm pleased to report that trading continues to be positive with our UK sales performing particularly strongly.

 

"In the first five-and-a-half months of the current year, Brand sales overall are up 6.0% in reportable currency compared with the same period last year. In the UK, our largest market, brand sales are up 10.3%. Our overseas brand sales are down 0.1% in reportable currency but up 4.7% in constant currency.

 

"Manufacturing continues to perform well and it is pleasing to note that our new wallpaper brand Anthology, which is predominantly printed on the hybrid rotary/gravure machine commissioned last year, has been very well received by our marketplace.

 

"We remain confident of the outlook for the remainder of the year."

 

 

For further information:

 

Walker Greenbank PLC

+44 (0) 844 543 4668

John Sach, Chief Executive

Mike Gant, Chief Financial Officer 


Caroline Geary, Company Secretary




Investec Bank plc

+44 (0) 20 7597 5970

Garry Levin / David Anderson - Nominated Adviser


Henry Reast - Corporate Broking




Buchanan

+44 (0) 20 7466 5000

Mark Court / Fiona Henson / Sophie Cowles


 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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