Walker Greenbank (LON:WGB) - Another profits upgrade
Feb 05th 2013 - Edison Investment Research today published a report on Walker Greenbank (WGB.L, LSE:WGB, LON:WGB) entitled "Another Profits Upgrade". In summary, the report says:
Walker Greenbank continues to defy the challenging UK consumer trading climate. Increased overseas sales, especially into North America, and higher licensing income are helping to sustain the momentum, while the benefits of margin improvement are coming through to the bottom line. The share price has responded positively since the interims last autumn and again following this morning’s announcement, but is only beginning to reflect the group’s consistent trading performance.
Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »
