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AGA Aga Rangemaster

184.50
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Aga Rangemaster LSE:AGA London Ordinary Share GB00B2QMX606 ORD 46 7/8P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 184.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

AGA RANGEMASTER GROUP PLC - AGM Statement

30/04/2015 11:00am

PR Newswire (US)


AGA Rangemaster (LSE:AGA)
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30th April 2015

                           AGA RANGEMASTER GROUP PLC
                                 AGM STATEMENT

AGA Rangemaster Group plc is holding its Annual General Meeting at 11am today
at which the following statement will be made by the Chairman, John Coleman.

"2014 was a year in which our new product mix brought benefits as market
conditions improved. We saw overall revenue growth of nearly 5%, with UK growth
of over 8% where sales of both AGA and Rangemaster cookers were good. We saw
really strong performances from Fired Earth in the UK and from AGA Marvel in
North America. That was somewhat offset by tough trading conditions for Grange
furniture in North America and for Waterford Stanley in Ireland.

At the start of 2015 the UK market for appliances has strengthened and growth
is expected this year. For us the emphasis for our UK brands is on our spring
promotions which are now underway. In North America we are into the third year
of growth and the new energy efficiency regulations introduced in September
2014 are helping our market position. The benefits of our strong product
introduction programmes should now be seen in our international markets.

In January we appointed Rothschild to explore a number of strategic options and
progress is being made."

Enquiries:

William McGrath / Shaun Smith, AGA Rangemaster Group plc - 01926 455 731
Simon Sporborg / Nina Coad, Brunswick - 0207 404 5959

Copyright l 30 PR Newswire

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