REG - Airea PLC - Trading update

AireaAnnouncement

27/06/2019 07:45

RNS Number : 6186D
Airea PLC
27 June 2019
 


 
AIREA PLC
 
Trading update
 
Airea plc (LSE: AIEA), the manufacturer, marketer and distributor of floor coverings, announces the following trading update for the six months ending 30 June 2019.
Trading update
Despite a very strong order book and first quarter and with continued growth from our export markets we will announce revenue slightly down and a lower operating profit for the half year compared with the corresponding period in 2018. This is due to significantly tougher conditions during the second quarter.
Like many UK businesses the economic headwinds are against us and we are experiencing a high level of market uncertainty; however, the business is well positioned to continue to prosper despite this continued economic uncertainty.
Date of 2019 half year announcement
Airea plc will announce its half year results for the period to 30 June 2019 on Friday 2 August 2019.
 
 
 
 
 
 
 
 
 
 
 
Enquiries:
Neil Rylance                                                                                                                  01924 266561
Chief Executive Officer
 
Paul Stevenson                                                                                                             01924 266561
Group Finance Director
 
Peter Steel                                                                                                                    020 7496 3061
N+1 Singer
 
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.




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