Report
Toby Thorrington

Walker Greenbank - Maintained expectations, awaiting strategy update

Positive steps have been taken in the UK and US that will benefit Walker Greenbank in future periods and although the domestic market remains challenging, management’s full year expectations are unchanged. The upcoming strategic update may bring the prospects for re-building earnings and associated valuation metrics into sharper focus for investors.
Underlying
SANDERSON DESIGN GROUP PLC

Walker Greenbank is engaged in the design, manufacture, marketing and distribution of wallcoverings, furnishing fabrics and associated products for the consumer market. Co. manages its operations as two reportable segments: Brands, which is engaged in the design, marketing, sales and distribution, and licensing activities of Sanderson, Morris & Co, Harlequin, Zoffany, Anthology, Scion, Clarke & Clarke and Studio G brands operated from the U.K. and its foreign subsidiaries in the U.S. and France; and Manufacturing, which is engaged in the wallcovering and printed fabric manufacturing businesses operated by Anstey and Standfast respectively.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts
Toby Thorrington

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