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Airea PLC Ord 25P (AIEA)

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02-Aug-2019 08:26 AM

Airea slashes dividend as profits fall in H1 amid Brexit uncertainty

Floor coverings manufacturer Airea slashed its dividend after first-half profits fell year-on-year as high levels of economic uncertainty weighed on performance. The operating profit was fell to £1,085,000 from £1,481,000 as revenue fell to &
21-Mar-2018 08:56 AM

Airea to close residential carpet business after slipping to loss

Airea reported a loss before tax of £1.5m for the 18-month period ended 21 December 2017, compared with a profit of £1.39m the previous year amid ongoing poor performance in its residential carpet division. Revenue for the period was £
21-Feb-2017 09:18 AM

Airea operating profits up 51%

Airea's operating profits rose by 51% to £1,149,000 in the six months to the end of December while basic earnings per share increased by 76% to 1.51p. Revenue for the period was £12.8m (2015: £12.7m) and after charging pension rela
08-Sep-2016 09:43 AM

Airea operating profits up

Airea saw substantial progress in the year to the end of June with operating profit up 86% to £2.0m and EBITDA before exceptional items up 48% to £2.8m. Basic earnings per share rose by 133% to 3.01p and the proposed final dividend is up 67%
26-Feb-2016 09:51 AM

Airea operating profits up

Airea posts a pre-tax profit of GBP513,000 for the six months to the end of December - up from GBP486,000 last time. Revenue for the period was £12.7m (2014 restated: £13.4m). The operating profit before exceptional items was £730,000 (2014: £700,000).
21-Jan-2016 09:58 AM

Airea H1 earnings in line with a year ago

Airea expects interim earnings to broadly in line with a year ago despite the adverse impact on international sales due to the strength of sterling against the euro and relocation costs. The company has consolidated its manufacturing operations from four
23-Sep-2015 07:49 AM

Annual revenues up 11% at Airea

Airea, focused on the manufacture, marketing and distribution of floor coverings, has reported for the year ended June 30 2015 it achieved a revenue increase of 11.3% increase in revenue and a significant improvement in profitability. Sales in the UK g
10-Mar-2015 09:28 AM

Airea operating profits up

Airea's revenues rose to £13.5m in the six months to the end of December - up from £11.6m last time. The operating profit was £700,000 (2013: £222,000). After charging pension related finance costs of £215,000 (2013:£200,000) and the appropri
21-Feb-2014 07:29 AM

AIREA net profits fall

AIREA posts operating profits of £222,000 for the six months to tghe end of December (2012: £359,000) on revenues of £11.6m - down from £13.5m. After charging pension related finance costs of £200,000 (2012: £89,000) and incorporating the appropr
24-Sep-2013 07:31 AM

Airea operating profits double

Airea posts operating profits of £709,000 for the year to the end of June - up from £351,000 last time - despite revenues slipping to £25.05m from £26.3m. After accounting for pension related finance costs and incorporating the appropriate tax charge
08-Mar-2013 07:40 AM

Airea operating profits rise

Airea posts an increase in profitability and a healthy improvement in its cash position in the six months to the end of December, despite the challenging market conditions that persisted in all of its major markets. In addition, good progress continue
20-Mar-2012 08:45 AM

Airea operating profits fall

First half operating profits at specialist flooring company Airea fell to £139,000 - down from £349,000 - and the group sees little sign of an improvement in the trading environment. It says residential sector sales continue to be affected by fragile c
27-Sep-2011 08:09 AM

Airea pre-tax profits fallas raw material costs rise

Pre-tax profits at Airea fell to £192,000 in the year to the end of June - down from £427,000 last time. Revenues dropped to £28.9m from £30.9m and operating profits after exceptional items fell to £508,000 from £711,000. The group said that faced with
28-Sep-2010 09:13 AM

Airea back in the black

Airea posts an operating profit before exceptional items of £0.9m for the year to the end of June - compared with a loss of £0.5m last time. The result after exceptionals was an operating profit of £0.7m (2009: loss £8.8m). Revenue fell by £10.1m to £
24-Mar-2010 08:40 AM

Airea sales fall 27.6%

First half sales at Airea fell 27.6% to £16.7m and trading conditions in the floor coverings markets remained extremely challenging. It said around £4m of the decline was attributable to the exit from loss making contracts and the withdrawal of products
 
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