Pre-close Trading Update and Notice of Results
AIREA plc reported a strong trading performance for the six months ended 30 June 2026, with Group sales increasing by 10.2% year-on-year to £10.81m, driven by 7.4% volume growth. Both the UK and ROI markets saw sales rise by 10.2%, while international sales grew by 9.9%. The company has completed the installation of its new manufacturing facility with no significant operational impact, and the commissioning process has begun. The Board expects this positive momentum to continue, remaining confident in the Group's long-term prospects and its ability to deliver sustainable shareholder value. The interim results are scheduled for announcement on 29 September 2026.
Select text to share a quote on X · sign in to keep highlights & notes in your AIEA notes
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.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.