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Aga Rangemaster Group plc
Aga Rangemaster - Resilient Results and Well Positioned for the Mid-Term
September 12th, 2008
Aga Rangemaster today unveiled what it said was a 'resilient' set of half year results and argued that its product range remains relevant to consumer needs. The company reported flat pre-tax profits of GBP12.3 million and a dividend hike of almost 4% - the 7th year in a row that Aga has increased its payout. In a video interview, Chief Executive William McGrath said that consumers were right to be concerned about higher energy costs. "We do think we've got a lot of relevant products that can offset the concerns that consumers do, rightly, have." Introducing a concept he dubbed "Aganomics",...
Source: Health Business Week (2008-09-12)
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