Airea Plc · LSE:AIEA
Airea — H1 2025 Earnings Presentation
13 slides from Airea's earnings presentation, September 2025
Slide 1: Interim 2025 results
Interim 2025 results September 2025 UK design-led specialist flooring company
Slide 2: Key highlights
Key highlights Strong sales growth with encouraging start to third quarter Upgrade to major strategic investment progressing well Manufacturing transformation nearing completion with enhanced capabilities Successful launch of two new products Group’s investment property divested on 30 Sept
Slide 3: Business transformation update
Business transformation update Médéric Payne CEO balance collection ® arctic ® UK design-led specialist flooring company 3
Slide 4: Transformational change nearing completion
Transformational change nearing completion Excellent progress on the strategic investment in manufacturing facility Enhanced quality standards, additional investment Revised timescales for commissioning, expected by end of year Introducing innovation through Artificial Intelligence imagery a
Slide 5: Investing for future growth
Investing for future growth Phase one of strategic investment to deliver substantial increase in manufacturing capabilities Acceleration in innovation and sustainability Increase in number of new product launches driven by eco2matters® Launch of two new products, rocklines® and threads® On
Slide 6: Financial overview
Financial overview Conleth Campbell CFO arctic® UK design-led specialist flooring company 6
Slide 7: Financial highlights
Financial highlights Group revenue Underlying operating profit Operating profit £9.8m £0.6m £0.3m 2024: £9.3m 2024: £0.5m 2024: £0.2m EBITDA Cash and cash equivalents Net cash flow £0.7m £1.8m £(0.2)m 2024: £0.6m 2024: £2.8m 2024: £(2.9)m UK design-led specialist flooring company 7
Slide 8: Strong sales growth and investing for future growth
Strong sales growth and investing for future growth £m 2025 2024 % Change • Strong sales growth of 5.8%; Sales 9.8 9.3 5.8 • UK and ROI 7.3% ahead • International up 0.3% Operating costs (9.4) (9.0) 4.4 • Operating profit impacted by non-recurring Other operating income 0.2 0.2 - items of £0.3m; • I
Slide 9: Cash flow – new manufacturing facility in commission stage
Cash flow – new manufacturing facility in commission stage £’000 2025 2024 EBITDA 667 622 Working capital 961 (1,625) • Strong working capital management Net capital expenditure (2,542) (1,293) • Continued spend on major investment Operating cash flow (914) (2,296) • Proceeds of short term finance a
Slide 10: Financing
Financing £m 2025 2024 Cash and cash equivalents 1.8 2.8 Coronavirus Business Interruption Loan - (1.1) Supply chain finance (1.1) - Business loan (0.7) (0.4) Net cash - 1.3 • Coronavirus Business Interruption Loan settled in December 2024 • Short term supply chain finance of £1.1m drawn down in per
Slide 11: Summary
Summary Established and trusted brand with an unrivalled service reputation Strong growth platform with major strategic state-of-the-art investment Continued innovation with product development and design excellence Expanding sustainability credentials Highly experienced Board and senior m
Slide 12: Disclaimer
Disclaimer For the purposes of this document, the presentation that follows (the "Presentation") shall mean and include the slides that follow, any oral briefing provided by Airea plc (the "Company") in connection with these slides, any question and answer session that follows that oral presentation
Slide 13: 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