AIREA (AIEA)

Sector:

Household Goods

Index:

FTSE AIM All-Share

 29.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 34.50
  • 52 Week Low: 22.00
  • Currency: UK Pounds
  • Shares Issued: 41.35m
  • Volume: 0
  • Market Cap: £11.99m

Airea's new flooring ranges offer traction for second half

By Duncan Ferris

Date: Monday 04 Feb 2019

LONDON (ShareCast) - (Sharecast News) - Airea reported growth in second-half revenue and operating profit following continued order book growth and increased sales both in the UK and Internationally.
Due to the strong second half, the manufacturer, marketer and distributor of floor coverings reported that the year ended 31 December had fallen in line with management expectations.

The AIM traded company's performance was further assisted by the launches of new product ranges that it said continue to gain traction in the market, with further launches planned for 2019 expected to fuel further revenue growth.

The company added that an October High Court judgement which concluded that schemes should equalise pension benefits for men and women as regards guaranteed minimum pension benefits is likely to impact the company's pension scheme liabilities by approximately £0.3m.

However, a statement from the company said this would "not have a significant impact" on the funding strategy for pension schemes and would have no cash impact.

Airea's shares were up 4.07% at 62.44p at 1126 GMT.

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AIREA Market Data

Currency UK Pounds
Share Price 29.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 34.50
52 Week Low 22.00
Volume 0
Shares Issued 41.35m
Market Cap £11.99m

AIREA Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
71.07% above the market average71.07% above the market average71.07% above the market average71.07% above the market average71.07% above the market average
58.33% above the sector average58.33% above the sector average58.33% above the sector average58.33% above the sector average58.33% above the sector average
Price Trend
25.16% above the market average25.16% above the market average25.16% above the market average25.16% above the market average25.16% above the market average
4% below the sector average4% below the sector average4% below the sector average4% below the sector average4% below the sector average
Income
20.05% above the market average20.05% above the market average20.05% above the market average20.05% above the market average20.05% above the market average
25% below the sector average25% below the sector average25% below the sector average25% below the sector average25% below the sector average
Growth
6.4% below the market average6.4% below the market average6.4% below the market average6.4% below the market average6.4% below the market average
16.67% above the sector average16.67% above the sector average16.67% above the sector average16.67% above the sector average16.67% above the sector average

AIREA Dividends

  Latest Previous
  Final Final
Ex-Div 18-Apr-24 20-Apr-23
Paid 20-May-24 18-May-23
Amount 0.55p 0.50p

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

AIREA Key Personnel

CEO Mederic Payne

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