REG - Airea PLC - Pre-close Trading Update

AireaAnnouncement

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RNS Number : 8212P  Airea PLC  22 January 2026

 

22 January 2026

 

AIREA plc

 

("AIREA", the "Group" or the "Company")

 

Pre-close Trading Update

 

Resilient trading in a year of continued transformation

 

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 twelve months ended 31 December 2025 (the 'Period').

 

Trading update

Following a strong performance in the first half of the year, the Group
experienced softer demand in the second half, reflecting persistently
challenging market conditions. Group sales for the Period were 1.0% ahead of
the prior year, at £21.44m (2024: £21.23m) compared to 5.8% at the half
year.

 

The UK and ROI delivered sales growth of 2.3% in the year, with the second
half performance impacted by uncertainty relating to the UK government's
November budget. Sales in the Group's international markets were 4.0% below
the prior year, with performance continuing to be impacted by global
geopolitical instability.

 

The Group's strategic hub in Dubai continues to generate interest and is
developing into an important gateway for the Gulf Cooperation Council (GCC)
countries, the MEA region and India.

 

The Group has maintained its focus on cost management and expects operating
profit for the Period to be ahead of the prior year. Cash generation was good,
and the balance sheet continues to strengthen, with the Group completing the
sale of its investment property for net proceeds of approximately £4.1m in
October 2025.

 

The Group's new manufacturing facility is now in the final stages of
inspection and commissioning. There has been no significant operational impact
on the business whilst work on the facility has been ongoing.

 

Martin Toogood, Independent Non-Executive Chairman of AIREA plc, commented:

"I am pleased to report a solid performance in the year despite the ongoing
global economic and geopolitical challenges. The strong performance achieved
in the first half did not continue into the second half, reflecting reduced
confidence in the economic environment.

 

Nevertheless, the Group continued to make operational progress, and we look
ahead with confidence and excitement to the commissioning of the Group's new
manufacturing facility.

 

The Board remains confident in the Group's long-term trading prospects as it
continues to position itself for future profitable growth."

 

- 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 / Anastassiya Eley / Andrew Johnson
 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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