Airea plc (GB:AIEA) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Airea PLC, a UK-based specialist flooring company, has reported a 5.6% decrease in sales year on year due to a second quarter slowdown, but remains optimistic with a strong start to the third quarter and continued investment in its manufacturing facility. Despite the dip in sales, there’s a robust order book for eco-friendly products and expected trading improvements in the latter half of the year. The company is also revising its stockholding policy to enhance efficiency and cash flow.
For further insights into GB:AIEA stock, check out TipRanks’ Stock Analysis page.