23 Jul 2008 07:00

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For immediateĀ release |
23Ā JulyĀ 2008 |
WALKER GREENBANK PLC
("Walker Greenbank" or "the Company")
AnnualĀ General Meeting
Walker Greenbank PLC (AIM: WGB),Ā the luxury interior furnishings group whose brands include Sanderson, Morris & Co, Harlequin and Zoffany,Ā will hold its Annual General Meeting in London this morningĀ at which Ian Kirkham, the Company's Chairman, will make the following comments:
"Sales in the first half of the financial year, to 31 July 2008, are expected to be at leastĀ 5Ā per cent above the first half of last year,Ā reflecting continued strong organic growthĀ in our brands.Ā
"The effect of recent macro-economic issues on theĀ UKĀ retail sector is well documented. However, we areĀ able to offer a degree of resilience as ourĀ UKĀ customers are not to be found in the mass market andĀ approximately 40Ā per cent of our sales are inĀ contract andĀ overseasĀ markets,Ā where we are currently under represented and developing strongly.Ā
"As a result, and providedĀ current performanceĀ trends continue,Ā weĀ expect theĀ Company toĀ meet market expectations for the full year."
For further information:
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Walker Greenbank PLC |
08708 300077 |
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John Sach, Chief Executive Alan Dix, Finance Director Julian Wilson, Company Secretary |
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LandsbankiĀ Securities (UK) Limited |
020 7426 9000 |
|
Tom Hulme |
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Buchanan Communications |
020 7466 5000 |
|
Mark Court/Suzanne Brocks/Miranda Higham |
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