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AGA Rangemaster Starts 2015 Well; Still Exploring Strategic Options

30th Apr 2015 10:53

LONDON (Alliance News) - AGA Rangemaster Group PLC Thursday said the UK market for its appliances has strengthened at the start of 2015 and it expects to make further growth throughout the remainder of the year.

The cookers and kitchen products company said the emphasis for its UK brands is on its spring promotions, which are now underway, while it is into its third year of growth in North America as the new energy efficiency regulations introduced in September are "helping its market position".

It added that the benefits of its product introduction programmes should now be seen in its international markets, while progress is being made following its appointment of financial adviser Rothschild in January to explore strategic options for the company.

Shares in AGA Rangemaster were trading up 8.9% at 89.00 pence Thursday morning.

By Karolina Kaminska; [email protected] @KarolinaAllNews

Copyright 2015 Alliance News Limited. All Rights Reserved.


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