Airea Plc · LSE:AIEA
Airea — H1 2026 Earnings Presentation
17 slides from Airea's earnings presentation, Sep 29, 2026
Slide 1: Interim results – six months ended 30 June 2026
Interim results – six months ended 30 June 2026 29 September 2026 UK design-led specialist flooring company
Slide 2: Introduction to the Group
Introduction to the Group UK design-led specialist flooring company supplying UK and international markets Designs and manufactures innovative commercial floor coverings under the established Burmatex® brand at site in Ossett, West Yorkshire Development of eco-friendly products based on Group’s sust
Slide 3: Key market sectors we serve
Key market sectors we serve Commercial Offices Colleges & Universities Schools & Academies Student Accommodation Public Sector Leisure Residential Retail Ministry of Defence Hospitality UK design-led specialist flooring company 3
Slide 4: Experienced Board of Directors
Experienced Board of Directors Martin Toogood Médéric Payne Conleth Campbell Tanya Ashton Independent Non-Executive Chief Executive Officer Chief Financial Officer Independent Non-Executive Chairman Director Martin joined the Group as an Médéric joined the Group on 25 Conleth joined the Group on 2 T
Slide 5: Key highlights
Key highlights • Strong first half performance with sales growth of 10.2% • Increase in operating profit to £0.5m (2025: £0.3m) • Earnings per share increased to 0.57p (2025: (0.54p)) • Major investment in manufacturing facility now fully operational • Strong recovery in international markets • Furt
Slide 6: Business transformation update
Business transformation update Médéric Payne CEO arctic® UK design-led specialist flooring company 6
Slide 7: Major investment in manufacturing facility now fully operational
Major investment in manufacturing facility now fully operational • Substantially increased capacity with enhanced quality capabilities • Cutting-edge Artificial Intelligence imagery and inspection technology, amongst the best in class • More energy-efficient manufacturing aligned with Group’s sustai
Slide 8: Building a platform for future growth
Building a platform for future growth • Upskilled our people across the business, particularly with new technology • Increased focus on innovation and sustainability aligned to our principles • First to global market advantage with EqoBalance®, 100% bio-genic recycled yarn • Market leading on Enviro
Slide 9: Financial overview
Financial overview Conleth Campbell CFO surface story® UK design-led specialist flooring company 9
Slide 10: Financial highlights
Financial highlights Group revenue Operating profit Profit before tax £10.8m £0.5m £0.2m (2025: £9.8m) (2025: £0.3m) (2025: £0.04m loss) EBITDA Net cash Pension deficit £0.9m £0.4m £2.5m (2025: £0.7m) (2025: £nil) (2025: £4.5m) UK design-led specialist flooring company 10
Slide 11: Strong first half performance
Strong first half performance £m 2026 2025 % Change • Strong sales growth of 10.2%; Sales 10.8 9.8 10.2 • UK and ROI 10.2% ahead Operating costs (10.3) (9.4) 9.6 • Strong recovery in International, increase of 9.9% Other operating income - 0.2 (100.0) • Operating profit increase despite loss of othe
Slide 12: Major manufacturing investment fully operational
Major manufacturing investment fully operational £’000 2026 2025 EBITDA 875 667 Working capital (73) 961 • Reduction in capital expenditure as investment in manufacturing facility neared completion Net capital expenditure (1,062) (2,542) • Prior year working capital positively impacted by capital Op
Slide 13: Financing
Financing £m 2026 2025 Cash and cash equivalents 0.7 1.8 Supply chain finance (0.1) (1.1) Leased liabilities (0.3) (0.7) Net cash 0.4 - • All bank facilities renewed in January 2026; • Short-term funding in form of trade finance facility to value of £3.2m • Uncommitted overdraft facility of £1.0m •
Slide 14: Summary
Summary • Established and trusted Burmatex brand, celebrating its 60th anniversary in 2027 • Major manufacturing investment fully operational, scaling up production over the coming months • Continued focus on innovation and product development • Sustainability remains at the forefront • Strong posi
Slide 15: Appendix
Appendix surface story® UK design-led specialist flooring company 15
Slide 16: Disclaimer
Disclaimer This presentation is being made only to and directed at: (a) persons who have professional experience in matters relating to investments falling within Article 19 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “FPO”); or (b) high net worth entities, a
Slide 17: Advisors
Advisors Singer Capital Markets HSBC Bank plc Broker and Nominated Adviser Bankers London Leeds https://www.singercm.com/ https://www.hsbc.co.uk/ Crowe U.K. LLP Squire Patton Boggs Auditors Solicitors Birmingham Leeds https://www.crowe.com/ https://www.squirepattonboggs.com/en Northstar Communicatio