30 January
2025
AIREA plc
("AIREA",
the "Group" or the "Company")
Opening of Dubai
Showroom
Strategic hub to drive
international sales growth
AIREA plc (AIM: AIEA), the
UK design-led specialist flooring company,
supplying both the UK and international markets, today announces the opening of a sales showroom in Dubai,
United Arab Emirates (UAE).
The Group is increasing its focus on
growing international sales and has identified Dubai as its
strategic hub to serve the Middle East. Economic confidence in the
region has remained strong despite global headwinds. This local
presence will enable the Group to build on its current market
position in the region and capitalise on the rapid expansion of the
commercial flooring sector within the Gulf Cooperation Council
(GCC) countries, the MEA region and India.
Growth in these markets is
supported by ongoing infrastructure development
and an emphasis on sustainable building practices. The Group's
high-quality carbon-neutral and low-carbon product ranges will
provide sustainable and innovative solutions to commercial and
educational sectors.
The Group's showroom is located in
Al Quoz, a vibrant and diverse area in western Dubai known for its
unique blend of industrial zones and artistic spaces, including
commerce, architects and interior designers.
Médéric Payne, Chief Executive Officer
of AIREA plc,
commented:
"The Group's growth strategy is
underpinned by our pursuit of new global export markets
and the opening of our Dubai showroom enhances our
presence across the GCC, MEA regions and India.
Dubai serves as a major centre for
prestigious commercial and residential developments, providing a
significant opportunity for the Group to drive sales growth of our
successful carbon-neutral products and the increasing demand for
our low-carbon ranges. Burmatex®
is a prominent 'Made in
the UK' British brand and manufacturer with a rich history of providing global
customers with innovative, sustainable flooring
solutions.
We are confident of delivering
sustained growth across these regions."
- Ends -
For
further information please contact:
AIREA plc
Médéric Payne, Chief Executive
Officer
Conleth Campbell, Chief Financial
Officer
|
Tel: +44 (0) 192 426 6561
|
Singer Capital Markets
(Nominated Adviser and Sole Broker)
Peter Steel / Sam Butcher
|
Tel: +44 (0) 20 7496 3000
|
Northstar Communications
(Financial media and PR)
Sarah Hollins
|
Tel: +44 (0) 113 730 3896
|
Notes to Editors
AIREA plc is a UK design-led
specialist flooring company, supplying both UK and international
markets. Since 2007, the Group has been focused solely on
floor coverings and enjoys a strong and growing brand position
within the commercial flooring market.
The Group's core brand Burmatex® is
one of the UK's leading designers and manufacturers of commercial
carpet tiles and planks. Burmatex® focuses on the design and
creation of sustainable innovative flooring solutions to meet the
needs of architects, specifiers and contractors with a continuously
developing range to suit the education, leisure, commercial,
hospitality and public sectors. The brand was acquired by AIREA in
1984.
The Group was admitted to trading on
AIM of the London Stock Exchange on 12 December 2007.
For further information, please
visit: https://aireaplc.com/.