Walker Greenbank (WGB)

Sector:

Household Goods

Index:

FTSE AIM All-Share

78.50p
   
  • Change Today:
      2.00p
  • 52 Week High: 92.00
  • 52 Week Low: 56.20
  • Currency: UK Pounds
  • Shares Issued: 70.98m
  • Volume: 140,056
  • Market Cap: £55.72m
  • RiskGrade: 109

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 78.50p
Change Today 2.00p
% Change 2.61 %
52 Week High 92.00
52 Week Low 56.20
Volume 140,056
Shares Issued 70.98m
Market Cap £55.72m
RiskGrade 109

WGB Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
90.32% above the market average90.32% above the market average90.32% above the market average90.32% above the market average90.32% above the market average
92.31% above the sector average92.31% above the sector average92.31% above the sector average92.31% above the sector average92.31% above the sector average
Price Trend
36.67% below the market average36.67% below the market average36.67% below the market average36.67% below the market average36.67% below the market average
62.96% below the sector average62.96% below the sector average62.96% below the sector average62.96% below the sector average62.96% below the sector average
Income
54.91% above the market average54.91% above the market average54.91% above the market average54.91% above the market average54.91% above the market average
18.18% below the sector average18.18% below the sector average18.18% below the sector average18.18% below the sector average18.18% below the sector average
Growth
64.95% below the market average64.95% below the market average64.95% below the market average64.95% below the market average64.95% below the market average
55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% 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 13-Dec-2019

Time Volume / Share Price
16:32 5,000 @ 78.00p
16:00 30,000 @ 76.96p
15:33 25,000 @ 77.15p
15:29 25,000 @ 77.00p
15:01 4,080 @ 77.45p

WGB Key Personnel

CFO Mike Gant
CEO Lisa Montague

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