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Western Europe slows Walker Greenbank's growth

Tue, 07th Aug 2012 09:46

Upmarket wallpaper and fabrics maker Walker Greenbank saw sales growth slowed by Western Europe's economic problems, suggesting even the rich are being hit by the Eurozone's woes.The luxury interior furnishings group expects profit before tax for the half year to be in line with internal projections, pushed higher by total brand sales and a strong performance from its manufacturing operations.Brand sales grew six per cent during the half year, although in Western Europe decreased 12 per cent in reportable currency and 6 per cent at constant currency. Overall, brand sales increased by four per cent. Earlier in the year the company announced it had seen the first significant growth since 2008 in the US where brands sales in the half year were up 22% in reportable currency and up 18% at constant currency. Other international progress includes the Far East, where brand sales were up 13%, and Russia, up 10%. The share price fell 0.67% to 74.25p by 10:03.NR
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29 Jul 2009 15:56

Vodafone director spends £400,000

Simon Murray, a director at mobile phone giant Vodafone, has more than tripled his stake in the firm with the purchase of £400,000 of shares. He bought 335,000 shares at just under 120p each and now has 492,500. Last week Vodafone said revenue rose 9.3% in the quarter to June, helped by positive e

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