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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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4 Mar 2016 11:17

BUZZ-UK retailers: Investec mulls impact of "Brexit"

** Investec analysts point to 5 key issues - weaker consumer demand, sterling weakness, labour cost pressure, change in trade terms, and the basis on which investment decisions are made ** But none of these issue are new to the UK retail industry, which the analysts see as better placed tha

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3 Feb 2016 11:11

Walker Greenbank looking at positive year, despite flooding

(ShareCast News) - Walker Greenbank was looking at positive growth in at the end of its financial year, updating the market on Wednesday ahead of its preliminary results. The AIM-traded luxury interior furnishings group said its sales for the year were expected to be up 5.8% on the previous year, at

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3 Feb 2016 09:02

Walker Greenbank Sales To Rise 5.8% In Year With Profit In Line

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14 Dec 2015 09:34

Walker Greenbank issues profit warning after Storm Desmond

(ShareCast News) - Interior furnishings group Walker Greenbank said full year pre-tax profit is expected to be around 15% lower than current market forecasts due to the disruption caused by flooding at its fabric printing business in Lancaster. Trading in the following financial year will also be im

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14 Dec 2015 09:33

BROKER RATINGS SUMMARY: Goldman Sachs Upgrades Fresnillo To Buy

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14 Dec 2015 07:50

Storm Desmond Causes Profit Warning From Walker Greenbank

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8 Dec 2015 11:06

Tuesday newspaper share tips: Wait and see whether Scottish Investment Trust improves

(ShareCast News) - Investors of Scottish Investment Trust are being told to sit pretty and wait to see if its new manager can bring in some returns. The company, which aims to provide investors over the longer term with above-average returns through a diversified portfolio of international equities

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7 Dec 2015 10:46

Walker Greenbank warns of profit hit from Storm Desmond

(ShareCast News) - Luxury interior furnishings group Walker Greenbank cautioned that its profit will take a hit as the factory of Standfast & Barracks, its printing business in Lancaster, suffered substantial flooding during the heavy rain brought on by Storm Desmond at the weekend. The company, who

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7 Dec 2015 07:59

Walker Greenbank Factory Hit By Storm Desmond Flooding

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14 Oct 2015 12:40

Walker Greenbank hikes dividend after first half growth

(ShareCast News) - Walker Greenbank hiked its interim dividend 25.7% after an encouraging first half of the year in which the interior decoration company increased sales thanks to investments in brands, new products and digital fabric printing innovation. The AIM-listed company, whose customers rang

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14 Oct 2015 09:28

Walker Greenbank Profit Grows In First Half, Confident For Full year

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14 Aug 2015 07:02

Walker Greenbank Collaborates With Pure To Make Digital Radios

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4 Aug 2015 11:10

Walker Greenbank enjoys positive first-half thanks to strong market growth

(ShareCast News) - Wallpaper and fabrics designer Walker Greenbank enjoyed a solid first half performance in the UK and US thanks to strong growth in its manufacturing operations and digital printing business. The interior furnishing company saw its brand sales rise 8.4% in reportable currency and 9

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4 Aug 2015 07:06

Walker Greenbank Sales Rise In First Half, Confident For Full Year

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17 Jun 2015 11:42

Walker Greenbank enjoys strong UK and US performance

Walker Greenbank, a luxury interior furnishings group, reported a strong trading performance in the UK and accelerated international sales growth during the first four and a half months of the year. Total brand sales were up 8.9% year-on-year and 9.6% in constant currency driven by a good performanc

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