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RNS Number : 8311S Airea PLC 29 July 2025
29 July 2025
AIREA plc
("AIREA", the "Group" or the "Company")
Pre-close Trading Update and Notice of Results
Strong trading as major investment and business transformation near completion
AIREA plc (AIM: AIEA), the UK design-led specialist flooring company,
supplying both the UK and international markets, today announces the following
trading update for the six months ended 30 June 2025 (the 'Period').
Trading update
The encouraging start to the year continued into the second quarter with Group
sales for the Period 5.8% ahead of the prior year at £9.81m (H1 2024:
£9.27m).
The UK and ROI delivered a strong performance, with sales at the end of the
Period 7.3% ahead of the prior year. Following a slower start to the year,
sales in the Group's international markets recovered well in the second
quarter, ending the Period 0.3% above the prior year.
The Group continues to make good progress on its longer-term strategy. As
planned, the major investment in the Group's manufacturing facility is
scheduled for completion by the end of the third quarter.
Outlook
The third quarter has started strongly, with solid trading and a healthy order
book in July. The Group's pipeline continues to strengthen, with several
innovative product launches planned for the second half.
The Board expects this momentum to continue through the remainder of the year,
supported by the major investment and wider transformation, which will enhance
operational capabilities and drive future profitable growth.
The Board remains confident in the Group's long-term prospects and its ability
to deliver sustainable shareholder value.
Notice of interim results
The Group's interim results for the Period will be announced on 30 September
2025.
- 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
This announcement contains inside information for the purposes of the retained
UK version of the EU Market Abuse Regulation (EU) 596/2014 ("UK MAR").
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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