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SANDERSON DESIGN GROUP PLC

Net Asset Value Jul 16, 2014

7897_rns_2014-07-16_8ae59466-62ba-4aaf-ad99-4075ee9b965f.html

Net Asset Value

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National Storage Mechanism | Additional information

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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

END

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