AGA Rangemaster revenue dips but operating profit rises

Cooker maker AGA Rangemaster reported a slight fall in revenue but that didn't stop operating profits soaring during the year ended December 31st.

Cooker maker AGA Rangemaster reported a slight fall in revenue but that didn't stop operating profits soaring during the year ended December 31st.

Revenue dropped from £259.1m to £250.9m, with operating costs lower at £244.8m (2010: £254m). Second half revenues of £129.5m were down 4.5% year-on-year, compared with the first half when revenues fell 1.6% to £121.4m. The proportion of total revenues from outside the UK was flat at 37%.

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