Airea PLC
23 July 2026
23 July 2026
AIREA plc
("AIREA", the "Group" or the "Company")
Pre-close Trading Update and Notice of Results
Strong trading performance with major manufacturing investment fully installed
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 2026 (the 'Period').
Trading update
The strong start to the year continued into the second quarter, with sales accelerating over the final two months of the Period. Group sales for the Period were 10.2% ahead of the prior year at £10.81m (H1 2025: £9.81m), including volume growth of 7.4%. Group operating profit for the Period was ahead of the prior year.
The UK and ROI delivered another strong performance, with sales at the end of the Period 10.2% ahead of the prior year. There was also a very encouraging performance in the Group's international markets with sales ending the Period 9.9% above the prior year.
The Group is pleased to announce that the installation of its new manufacturing facility is now complete, and a comprehensive commissioning process has now commenced. There has been no significant operational impact on the business whilst work on the facility has been ongoing, enabling the Group to continue trading in line with the Board's expectations.
The Board continues to monitor the ongoing geopolitical tensions in the Middle East. The Group's Dubai showroom has continued to operate with minimal disruption throughout the ongoing conflict.
Outlook
The third quarter has started well with a strong order book for July. The Group remains focused on expanding its low-carbon and carbon-neutral product range. At the recent Clerkenwell Design Week, the Group showcased its biogenic yarns derived from renewable organic waste, including food waste.
The Board expects the strong momentum to continue through the remainder of the year and remains confident in the Group's long-term prospects and its ability to deliver sustainable long-term value for shareholders.
Notice of interim results
The Group's interim results for the Period will be announced on Tuesday, 29 September 2026.
- Ends -
For further information please contact:
|
AIREA plc Médéric Payne, Chief Executive Officer Conleth Campbell, Chief Financial Officer |
Tel: +44 (0) 192 426 6561 |
|
Singer Capital Markets Peter Steel / Anastassiya Eley |
Tel: +44 (0) 20 7496 3000 |
|
Northstar Communications Sarah Hollins |
Tel: +44 (0) 113 730 3896 |
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/.
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