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RNS Number : 1551V Airea PLC 30 January 2025
30 January 2025
AIREA plc
("AIREA", the "Group" or the "Company")
Opening of Dubai Showroom
Strategic hub to drive international sales growth
AIREA plc (AIM: AIEA), the UK design-led specialist flooring company,
supplying both the UK and international markets, today announces the opening
of a sales showroom in Dubai, United Arab Emirates (UAE).
The Group is increasing its focus on growing international sales and has
identified Dubai as its strategic hub to serve the Middle East. Economic
confidence in the region has remained strong despite global headwinds. This
local presence will enable the Group to build on its current market position
in the region and capitalise on the rapid expansion of the commercial flooring
sector within the Gulf Cooperation Council (GCC) countries, the MEA region and
India.
Growth in these markets is supported by ongoing infrastructure development and
an emphasis on sustainable building practices. The Group's high-quality
carbon-neutral and low-carbon product ranges will provide sustainable and
innovative solutions to commercial and educational sectors.
The Group's showroom is located in Al Quoz, a vibrant and diverse area in
western Dubai known for its unique blend of industrial zones and artistic
spaces, including commerce, architects and interior designers.
Médéric Payne, Chief Executive Officer of AIREA plc, commented:
"The Group's growth strategy is underpinned by our pursuit of new global
export markets and the opening of our Dubai showroom enhances our presence
across the GCC, MEA regions and India.
Dubai serves as a major centre for prestigious commercial and residential
developments, providing a significant opportunity for the Group to drive sales
growth of our successful carbon-neutral products and the increasing demand for
our low-carbon ranges. Burmatex® is a prominent 'Made in the UK' British
brand and manufacturer with a rich history of providing global customers with
innovative, sustainable flooring solutions.
We are confident of delivering sustained growth across these regions."
- Ends -
For further information please contact:
AIREA plc Tel: +44 (0) 192 426 6561
Médéric Payne, Chief Executive Officer
Conleth Campbell, Chief Financial Officer
Singer Capital Markets Tel: +44 (0) 20 7496 3000
(Nominated Adviser and Sole Broker)
Peter Steel / Sam Butcher
Northstar Communications Tel: +44 (0) 113 730 3896
(Financial media and PR)
Sarah Hollins
Notes to Editors
AIREA plc is a UK design-led specialist flooring company, supplying both UK
and international markets. Since 2007, the Group has been focused solely on
floor coverings and enjoys a strong and growing brand position within the
commercial flooring market.
The Group's core brand Burmatex® is one of the UK's leading designers and
manufacturers of commercial carpet tiles and planks. Burmatex® focuses on the
design and creation of sustainable innovative flooring solutions to meet the
needs of architects, specifiers and contractors with a continuously developing
range to suit the education, leisure, commercial, hospitality and public
sectors. The brand was acquired by AIREA in 1984.
The Group was admitted to trading on AIM of the London Stock Exchange on 12
December 2007.
For further information, please visit: https://aireaplc.com/
(https://aireaplc.com/) .
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