LONDON, August 29 /PRNewswire/ -- 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", Mr McGrath argued the cost of running a 3-oven, gas Aga - around GBP15 a week - can be cheaper than using conventional appliances .