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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2010/11/sanderson-owner-upbeat-over-profits.jpg"><img class="alignnone size-full" title="Wallpaper brands owner Walker Greenbank has reported record autumn sales and profits" src="http://londonglossy.com/wp-content/uploads/2010/11/min-sanderson-owner-upbeat-over-profits.jpg" alt="Wallpaper brands owner Walker Greenbank has reported record autumn sales and profits"/></a></p>
<p>The owner of wallpaper brands Sanderson and Harlequin has reported record autumn sales and profits as more households look to improve their homes.</p>
<p>Walker Greenbank, which also owns fabric and wallpaper brands Morris &#038; Co and Zoffany, said pre-tax profits for the year to January 2011 will be ahead of market forecasts following the strong season.</p>
<p>The Milton Keynes-based group, which sells its brands in John Lewis among other stores, said mid-market products such as Sanderson&#8217;s Vintage wallpaper collection launched this year, were particularly successful.</p>
<p>Walker Greenbank, which targets the mid to upper end of the premium market, has showrooms in Chelsea Harbour in London and at the D&#038;D Building in New York.</p>
<p>Chief executive John Sach said homeowners were investing more in decoration as they opt to stay in and entertain guests rather than dine out at restaurants.</p>
<p>He said: &#8220;More people are staying at home and eating out less, people entertain at home, so they invest in interior furnishings.&#8221;</p>
<p>Mr Sach said Walker Greenbank continued to invest in the design of products throughout the recession and this has paid off.</p>
<p>&#8220;We have a lot of products to offer and we&#8217;re servicing our customer needs well,&#8221; he said.</p>
<p>He added that Walker Greenbank is looking to expand overseas, including in China, where he will travel in the coming weeks.</p>
<p>Looking ahead, Mr Sach said the company would be nearly debt-free by the end of the year and he expects profitability and investment to be sustained.</p>
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