Walker Greenbank (WGB)

Sector:

Household Goods

Index:

FTSE AIM All-Share

46.00p
   
  • Change Today:
    -2.50p
  • 52 Week High: 91.00
  • 52 Week Low: 27.50
  • Currency: UK Pounds
  • Shares Issued: 70.98m
  • Volume: 121,639
  • Market Cap: £32.65m
  • RiskGrade: 325

Walker Greenbank says UK sales trend improving

By Michele Maatouk

Date: Friday 14 Jun 2019

LONDON (ShareCast) - (Sharecast News) - Luxury interior furnishings group Walker Greenbank said on Friday that overall trading in the year to date is in line with the board's expectations, with the sales trend in the UK improving.
In an update ahead of its annual meeting, the company said that in the UK - which represents around 52% of brand sales - market conditions remain challenging but the sales trend has improved since the start of the year.

Meanwhile, brand sales in international markets, excluding the US, are up in the first 18 weeks of the year on a like-for-like basis at constant currency compared with the same time last year.

Brand sales in the US have declined slightly due to the deterioration in Clarke & Clarke's US sales but the group said plans "are well underway" to return the business to growth in the second half.

Morris & Co has been growing particularly strongly, the company said, reflecting the sustained revival of interest in the arts & crafts movement. Clarke and Clarke, outside of the US, also continues to perform well.

Non-executive chairman Dianna Thompson said: "We are focusing on revenue-generating and cost-saving initiatives to mitigate current trading conditions and are on track to deliver anticipated savings in the current financial year and beyond."

Walker said licensing income in the year to date is in line with the board's expectations. For the full year and excluding apparel contracts, it is expected to show an improvement on the previous year.

At 100 BST, the shares were down 1% at 75.70p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

WGB Market Data

Currency UK Pounds
Share Price 46.00p
Change Today -2.50p
% Change -5.15 %
52 Week High 91.00
52 Week Low 27.50
Volume 121,639
Shares Issued 70.98m
Market Cap £32.65m
RiskGrade 325

WGB Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
88.82% above the market average88.82% above the market average88.82% above the market average88.82% above the market average88.82% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Price Trend
65.41% below the market average65.41% below the market average65.41% below the market average65.41% below the market average65.41% below the market average
53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average
Income
44.41% above the market average44.41% above the market average44.41% above the market average44.41% above the market average44.41% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Growth
85.02% below the market average85.02% below the market average85.02% below the market average85.02% below the market average85.02% below the market average
61.54% below the sector average61.54% below the sector average61.54% below the sector average61.54% below the sector average61.54% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 2
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

WGB Dividends

  Latest Previous
  Interim Final
Ex-Div 24-Oct-19 18-Jul-19
Paid 22-Nov-19 09-Aug-19
Amount 0.52p 2.55p

Trades for 04-Aug-2020

Time Volume / Share Price
16:09 325 @ 47.00p
14:52 2,024 @ 45.25p
12:28 30,000 @ 45.80p
12:01 50,000 @ 45.85p
12:34 2,602 @ 45.80p

WGB Key Personnel

CEO Lisa Montague
CFO Michael Williamson

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