Updates

Walker Greenbank - Trading ahead of expectations

March 2013

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Shares in luxury wall coverings and fabrics group, Walker Greenbank surged to a new high of 85p after its update noted that trading in the year to 31 January will be ahead of the top end of analysts forecasts. The company, whose brands include Sanderson, Morris & Co and Harlequin, expects group sales to be up 2.3% over the previous year at £75.7m. Within that, brand revenue is expected to be up 2.5%, with the stand-out performance coming from the US (sales +17.6%), while licence income is also up 17%. Edison's latest forecast is for eps of 8.1p in '13, rising to 8.65p this year and with net borrowings likely to be eliminated the shares trade on an undemanding forward PE of 9.8. A main ti ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Experian - Very strong franchise in credit referencing industry

4imprint

Walker Greenbank (June 2015)

Walker Greenbank (March 2015)

Walker Greenbank (December 2014)

Walker Greenbank (October 2014)

Walker Greenbank - Gain to date: 153% (June 2014)

Walker Greenbank - Take profits after strong run (March 2014)

Walker Green bank (October 2013)

Walker Greenbank - Profits ahead of expectations (June 2013)

Walker Greenbank - Wallpaper firm trading at discount to sector (December 2012)

Walker Greenbank (September 2012)

Walker Greenbank - Luxury wall coverings group with reputation for beating forecasts (June 2012)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

Walker Greenbank - Trading ahead of expectations

March 2013

Related Articles