5th Apr 2023 14:13
Airea PLC - West Yorkshire-based flooring company - Posts revenue of GBP18.5 million for 2022, up 17% from GBP15.9 million in 2021. Says home sales recovering to pre-pandemic levels. Pretax profit rises by 11% to GBP1.4 million from GBP1.3 million, as operating profit climbs by 7.8% to GBP1.4 million from GBP1.3 million a year earlier. Declares total dividend of 0.5 pence per share, up 25% from 0.4p a year prior. Looking ahead, Airea says it is pleased that cost pressures are beginning to ease and stabilise, but warns that the cost increases in 2022 will be experienced in 2023. Adds that it has been able to recover in both the UK and export market. Read More
