Property market lifts Aga

Property market lifts Aga
 

Upmarket cooker maker Aga Rangemaster has hailed Britain's resurgent property market as it delivered a rise in annual profits.
The firm, which also owns tiling and paint retailer Fired Earth, said the “tide turning” in house sales proved pivotal as it achieved underlying profits of £8.2 million in 2013, an increase of 26.2 per cent on a year earlier.
Shares in the company ended the trading session up 15p, or 8.7 per cent, at 188p.
Revenues grew 2.4 per cent to £244.6m, helped by a 10 per cent rise in sales of Aga range cookers, having been down 2 per cent at the half-year stage. There was... read more

 
8 March 2014 in Business, Views: 31
Source: Scotsman
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