AGA Rangemaster sees sales slip in tough market

Upmarket cooker and kitchen accessories firm AGA Rangemaster saw revenues slip slightly in 2012 and warned that a market upturn in the near future in unlikely as it continues to be affected by a subdued housing market.

Upmarket cooker and kitchen accessories firm AGA Rangemaster saw revenues slip slightly in 2012 and warned that a market upturn in the near future in unlikely as it continues to be affected by a subdued housing market.

The company said on Friday morning that it has decided not to pay a final dividend, compared with a 1.9p-a-share total payout in 2011, after coming to an agreement on funding with the trustee of the main pension scheme.

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