'Minor' fire at Walker Greenbank factory damages printing machine

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Sharecast News | 06 Dec, 2017

AIM-listed luxury interior furnishings group Walker Greenbank said its Loughborough wallpaper factory was hit by a 'minor' fire on Tuesday night, damaging one of the printing machines.

The company said it is too early to know when the damaged printing machine will be back in production and whether there will be any impact on the financial performance for the current year ending 31 January

Dependent on the timing of repair, some of the orders planned to be printed on the machine might be delayed into the new financial year and the maximum potential impact on profitability for this year is expected to be less than £500,000,

The repair to the printing machine and damage to a small amount of stock are covered by the group's insurance policy.

At 1335 GMT, the shares were down 0.8% to 129.50p.

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