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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
AIREA
AIREA (AIEA) investor relations material
AIREA H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary29 Sep, 2026
Executive summary
H1 revenue rose 10.2% YoY to £10.8m; operating profit was £0.5m and the period returned to profit.
Sales growth reflected a strong UK and ROI performance and an international recovery; volume increased 7.4%.
The major manufacturing investment is fully operational, supporting increased capacity, quality and operational improvement.
Financial highlights
Revenue was £10.8m vs £9.8m; operating profit was £0.5m vs £0.3m.
Profit before tax was £0.2m vs a £0.04m loss; net profit was £221k vs a £207k loss.
Basic and diluted EPS was 0.57p vs a loss of 0.54p; EBITDA was £0.9m vs £0.7m.
Net cash was £0.4m at period end vs nil in H1 2025.
Outlook and guidance
Positive Q3 trading and a healthy order book; current trading is expected to continue through the remainder of the year.
Production is expected to scale up in the coming months, with volume throughput and new product launches priorities for H2.
Priorities include innovation, product development and sustainability, with a goal of sustainable profitable growth.
The Board remains confident in long-term prospects while acknowledging uncertain global conditions.
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Latest events from AIREA
- H2 sales growth and manufacturing investment advance a sustainability-led transformation.AIEA
AGM 2025 presentation - Higher operating profit and net cash accompany a manufacturing and low-carbon product transformation.AIEAAGM 2026 presentation
- Q2 weakness drove an H1 loss as trading improved and factory investment stayed on track.AIEAH1 2024
- H1 sales fell 5.6% YoY; July improved, but FY expectations were moderated.AIEATrading update
- H2 sales rebounded as manufacturing investment advanced, but reported profit weakened.AIEAH2 2024
- H2 rebound lifted FY24 sales as manufacturing investment neared completion.AIEATrading update
- H1 sales rose 5.8% as strong July trading and transformation progress supported the outlook.AIEATrading update
- Revenue and underlying profit grew as facility commissioning shifted to year-end.AIEAH1 2025
- Revenue rose, net cash strengthened, and manufacturing transformation neared completion.AIEAH2 2025
Next AIREA earnings date
H2 202625 Mar, 2027
AIREA
Next AIREA earnings date
H2 202625 Mar, 2027
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