Ossett-based flooring business, AIREA, reports its full year revenues rose by one per cent to £21.45m (2024: £21.23m) in its final results for the 12 months ended 31 December 2025.
It also recorded a pre-tax profit of £211,000 (2024: £63,000) alongside operating profit before valuation gain of increased to £916,000 (2024: £693,000) and cash generated from operations of £2.2m (2024: £300,000).
The business notes that following a strong performance in the first half of the year, trading softened in the second half, reflecting “persistently challenging” market conditions.
Médéric Payne, chief executive officer, said: “The group delivered a solid performance in the year despite the ongoing global economic and geopolitical challenges.
“While trading was strong in the first half, momentum slowed in the second half as confidence weakened amid uncertainty relating to the UK government’s November budget.
“Sales for the year were one per cent ahead of the prior year. The UK and Republic of Ireland delivered sales growth of 2.3 per cent in the year, with sales in the group’s international markets four per cent below the prior year.
“Operating profit increased 32 per cent to £0.9m due to an improving product mix and good cost control. Cash management was strong in the year and, following the divestment of the group’s investment property, all bank debt was settled, thereby strengthening the group’s cash position considerably.”
AIREA says strategic investment in its manufacturing facility is in the final stages of commissioning, with a business transformation programme nearing completion.
It says continued expansion of its low-carbon and carbon-neutral product portfolio provides a competitive advantage and supports the development of opportunities in new markets.
The business also says the start to 2026 has been “ecouraging” and while acknowledging current macro volatility, it remains confident in its prospects for the year ahead.
Payne added: “Last year was quite intense as we got deep into our transformation and started dismantling old systems and machines. This isn’t finished yet and we’ve still got operational efficiences to make.
“We’re reinforcing our sustainability credentials and are moving towards becoming a more focused, leaner business with an element of automation.
“We’ve got some very interesting customers who like our new design-led products. 99 per cent of our catalogue has been either renewed or extended. We’re now more competitive in a number of price points and we have a bigger offer on our markets.”
Commenting on the Middle East war he said: “We’re keeping an eye on energy and logistics costs and once the Hormuz Straits re-open we want to see how this will affect container prices.”
He said the business is also alert to rises in raw materials costs and customers postponing work till normality returns, though noted the contracts AIREA already has in place means it is not yet being directly impacted.
“There is some worry and concern but we know that this is affecting everybody – it’s not just us, it’s our competitors too,” he said. “I am positive about the outlook for this year despite the headwinds.”
