Wins Substantial US Order

RNS Number : 9917H

Walker Greenbank PLC

19 July 2012

 



For immediate release

19 July 2012

 

RNS REACH

WALKER GREENBANK PLC

("Walker Greenbank" or "the Company")

 

Wins Substantial Order from Texas Hotel

Walker Greenbank PLC (AIM: WGB), the luxury interior furnishings group whose brands include Sanderson, Morris & Co., Harlequin, Zoffany and Scion, is pleased to announce that its US business has won a US$156,000 order to supply a substantial quantity of fabric to the Moody Gardens Hotel in Galveston, Texas.

The order amounts to approximately 7.8km of a Sanderson-designed fabric in colourways developed specifically for the Moody Gardens Hotel's bedrooms and bathrooms.

The fabric will be printed at Walker Greenbank's fabric printing factory in Lancaster and exported to the US.

At Walker Greenbank's AGM last month, the Company reported that sales in the US in the first 21 weeks of the current financial year were up 15% compared with the same period a year earlier, marking the first time that the Company has seen significant growth in the US since 2008.

John Sach, Walker Greenbank's Chief Executive, said: "We're delighted to have received this substantial order from the Moody Gardens Hotel, which provides further evidence of a return to growth in our US business. The order, equivalent to more than 5 miles of fabric, adds to the pipeline of our UK manufacturing operations, which have performed strongly in the year to date."

For further information:

Walker Greenbank PLC	[phone]
John Sach, Chief Executive
Caroline Geary, Company Secretary
Seymour Pierce
Mark Percy / Catherine Leftley - Nominated Adviser	[phone]
Katie Ratner - Corporate Broking	[phone]
Buchanan	[phone]
Mark Court / Fiona Henson / Sophie Cowles

 

END

 

 

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