Aga Expects 'Reasonable' Autumn Sales

Western MailAugust 28, 2010

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Summary


THE maker of iconic castiron Aga cookers yesterday said it expected "reasonable" sales over the autumn amid signs of a slowdown in consumer confidence. Aga Rangemaster returned to profit in the six months to June 30 but said it did not expect to see a substantial rebound as consumers were still extremely cautious about committing to larger value purchases.

Aga followed up a profitable second half to 2009 with operating profits of pounds 800,000 in the first half of 2010. Revenues increased by 5% to pounds 123.4m after an improvement in Aga sales volumes as existing owners upgraded their models and burner systems.

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Aga Expects 'Reasonable' Autumn Sales

The all-in-one cooker-boiler brands, Rayburn and Stanley...

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