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Walker Greenbank sitting pretty as profits rise

WALKER Greenbank, the furnishings group, yesterday reported a 23 per cent rise in interim profits to £1.7 million.In the six months to 31 July, the company's turnover reached £33m, up from £30.8m in the same period last year.The group said ADVERTISEMENTthat all of its brands – which include Harlequin, Morris & Co, Sanderson and Zoffany – had "performed strongly".Brand sales increased by 8 per cent...

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Hot Small Caps: Walker Greenbank up on H1 results

LONDON (Reuters) - Following is a round-up of key small cap movers on the London Stock Exchange on Thursday.

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Headlam sees challenge meeting original goals

LONDON (Reuters) - Flooring distributor Headlam Group reported a 1.7 percent rise in first-half profit on Monday and said it might find it tough to hit its targets for 2008.

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Qualceram reports loss on property market slump

Irish bathroom suite maker Qualceram Shires reported a first-half loss for the six months ended 30th June, as the UK and Irish property markets slumped.

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Directors' Deals: Transactions in own company

Stuart Lyons twice added shares in Airsprung Furniture Group over the past week as shares in the bedmaker have been flat on their back at a 17p two-year low...

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Cinema moguls snap up Qualceram stake

Cinema moguls, the Ward and Anderson families, yesterday added to their position in Qualceram Shires by snapping up a 9.9pc stake in the toilet-maker held by UK-based asset manager Gartmore.

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John Sach has designs in UK for Sanderson

John Sach, the finance director-turned-chief executive of fabric and wallcovering company, Walker Greenbank, always believed it would be easy for him to succeed in the top job. He says: "I watched three chief executives do it wrong. So I just did the opposite."

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Qualceram sees sales falling 30%

Irish maker of ceramic bathroom sinks and toilets Qualceram Shires said first-half sales will probably decline by 30 per cent as house building slumps.

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Walker Greenbank continues progress

Printed Fabric Walker Greenbank, the luxury interior furnishings group, has continued its progress after reporting an increase in profits from £1.4m to £3.1m in its preliminary results for the 12-month period ended January 31, 2008.Chief executive John Sachs said the 'transformational year' allowed the group to focus on its priorities, and invest in the wallpaper brands: "The year to January 2008...

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Qualceram shares rise 2% on takeover approach

SHARES IN Arklow-based bathroom products maker Qualceram Shires closed up more than 2 per cent yesterday at €1 after the company said it had received an "unsolicited preliminary expression of interest" from a third party.

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Qualceram receives approach

Irish bathroom suite maker Qualceram Shires Plc has confirmed a preliminary approach from a third party interested in buying the company.

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Qualceram profits go down the toilet

One More Thing: That flushing noise you hear is Qualceram Shires's profits disappearing down the toilet. The Arklow-based bathroom group issued a profit warning yesterday, saying its revenues for the year to the end of December would be 8 to 9 per cent below expectations.