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Walker Greenbank (LON:WGB) - Quality achievement

Thursday, Feb 04 2010 by
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Feb 04th 2010 - Edison Investment Research today published a report on Walker Greenbank (WGB.L, LSE:WGB, LON:WGB) entitled "Quality Achievement". In summary, the report says:

The Walker Greenbank trading statement confirms a high quality performance in the toughest of years for the Household Goods sector. Revenue and profits will be down, but comfortably ahead of earlier outside expectations, while the group has generated significant cash over the year. With the current year likely to see a step-up in capital investment, we look ahead to the medium term with increasing optimism.




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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 »