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7th September 2007
Aga Foodservice Group (“the Group”), which sells premium cookers and refrigerators into the domestic and commercial markets, is issuing its interim results for the half year ended 30th June 2007.
Highlights:
- Sixth successive first half year of revenue and profit growth.
- Consumer cooker sales up over 7% with Rangemaster sales particularly strong.
- Double digit increases in earnings per share and dividend per share : special dividend paid in June.
- Process to sell foodservice operations well underway.
- Review of strategic options for funding pension scheme announced.
“In 2007 focus is being placed on driving returns from the investments we have made. The consumer brands business emerging from the proposed sale of foodservice will have a strong record and great potential. With Aga and Rangemaster manufacturing and sourcing capability, the Group has an outstanding product offering and will look for further growth with confidence and determination.”
William McGrath
Chief Executive
Full Press Release
Download PDF
Enquiries:
William McGrath, Chief Executive 020 7404 5959 (today)
Shaun Smith, Finance Director 0121 711 6015 (thereafter)
Simon Sporborg / Charlotte Kenyon (Brunswick) 020 7404 5959
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