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19/7/2012

Walker Greenbank 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."

 

Enquiries:

Walker Greenbank PLC

+44 (0) 844 543 4668

John Sach, Chief Executive

Caroline Geary, Company Secretary

 

Seymour Pierce

Mark Percy / Catherine Leftley - Nominated Adviser+44 (0) 20 7107 8000

Katie Ratner - Corporate Broking+44 (0) 20 7107 8058

 

Buchanan Communications

+44 (0) 20 7466 5000

Mark Court / Suzanne Brocks

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