For immediate release |
3 February 2010 |
WALKER GREENBANK PLC
("Walker Greenbank" or "the Company")
Pre-close Trading Update
Walker Greenbank PLC (AIM: WGB), the luxury interior furnishings group whose brands include Sanderson, Morris & Co., Harlequin and Zoffany, is pleased to announce its pre-close trading update for the year ended 31 January 2010.
Following the positive trading update announced on 15 December 2009, the Company expects to report full year profits in line with December's upgraded market expectations. Cash generation has been particularly strong such that net debt is expected to have been reduced to £3.2 million as at 31 January 2010, compared with £6.2 million a year earlier.
The Company intends to issue its preliminary results on Wednesday, 14 April 2010.
Enquiries:
Walker Greenbank PLC |
+44 (0) 844 543 4667 |
John Sach, Group Chief Executive |
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Alan Dix, Finance Director |
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Julian Wilson, Company Secretary |
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Arden Partners plc |
+44 (0) 20 7614 5900 |
Chris Hardie / Adrian Trimmings |
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Buchanan Communications |
+44 (0) 20 7466 5000 |
Mark Court / Suzanne Brocks / Miranda Higham |
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