Pre-close Trading Update

Airea PLC

22 January 2026

 

22 January 2026

AIREA plc

("AIREA", the "Group" or the "Company")

Pre-close Trading Update

Resilient trading in a year of continued transformation

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 twelve months ended 31 December 2025 (the 'Period').

Trading update

Following a strong performance in the first half of the year, the Group experienced softer demand in the second half, reflecting persistently challenging market conditions. Group sales for the Period were 1.0% ahead of the prior year, at £21.44m (2024: £21.23m) compared to 5.8% at the half year.

The UK and ROI delivered sales growth of 2.3% in the year, with the second half performance impacted by uncertainty relating to the UK government's November budget. Sales in the Group's international markets were 4.0% below the prior year, with performance continuing to be impacted by global geopolitical instability.

The Group's strategic hub in Dubai continues to generate interest and is developing into an important gateway for the Gulf Cooperation Council (GCC) countries, the MEA region and India.

The Group has maintained its focus on cost management and expects operating profit for the Period to be ahead of the prior year. Cash generation was good, and the balance sheet continues to strengthen, with the Group completing the sale of its investment property for net proceeds of approximately £4.1m in October 2025.

The Group's new manufacturing facility is now in the final stages of inspection and commissioning. There has been no significant operational impact on the business whilst work on the facility has been ongoing.

Martin Toogood, Independent Non-Executive Chairman of AIREA plc, commented:

"I am pleased to report a solid performance in the year despite the ongoing global economic and geopolitical challenges. The strong performance achieved in the first half did not continue into the second half, reflecting reduced confidence in the economic environment.  

Nevertheless, the Group continued to make operational progress, and we look ahead with confidence and excitement to the commissioning of the Group's new manufacturing facility.

The Board remains confident in the Group's long-term trading prospects as it continues to position itself for future profitable growth."

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For further information please contact:

AIREA plc Médéric Payne, Chief Executive Officer Conleth Campbell, Chief Financial Officer	Tel: [phone]
Singer Capital Markets (Nominated Adviser and Sole Broker) Peter Steel / Anastassiya Eley / Andrew Johnson	Tel: [phone]
Northstar Communications (Financial media and PR) Sarah Hollins	Tel: [phone]

Notes to Editors

AIREA plc is a UK design-led specialist flooring company, supplying both UK and international markets.  Since 2007, the Group has been focused solely on floor coverings and enjoys a strong and growing brand position within the commercial flooring market.

The Group's core brand Burmatex® is one of the UK's leading designers and manufacturers of commercial carpet tiles and planks. Burmatex® focuses on the design and creation of sustainable innovative flooring solutions to meet the needs of architects, specifiers and contractors with a continuously developing range to suit the education, leisure, commercial, hospitality and public sectors. The brand was acquired by AIREA in 1984.

The Group was admitted to trading on AIM of the London Stock Exchange on 12 December 2007.

For further information, please visit: https://aireaplc.com/.

 

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