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Greenbank to top forecasts
WALKER Greenbank, the luxury interior furnishings group, said it expects full-year profits to be at the top end of analyst forecasts after a solid first half performance.
The owner of brands including Sanderson, Morris & Co and Zoffany, yesterday said it expected group sales to be up 2.3 per cent to £75.7m in the year to 31 January.
Brand revenue is expected to rise 2.5 per cent on the previous year, driven by strong growth in certain international markets including the US, where brand sales were up 17.6 per cent. Licence income is forecast to be up seven per cent.