Picture of Airea logo

AIEA Airea News Story

0.000.00%
gb flag iconLast trade - 00:00
Consumer CyclicalsAdventurousMicro CapNeutral

RCS - Airea PLC - Opening of Dubai Showroom

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250130:nRSd1551Va&default-theme=true

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/) .

 

 

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRALKLFLEFLXBBZ

Recent news on Airea

See all news