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 .

The company said it was on a strong financial footing after the disposal last year of its Foodservices business and it remained focussed on a 12% return on sales over the mid-term.

The interview, transcript, podcast and vodcast are available now on http://w3.cantos.com/aga_rangemaster. .

It's free to view. All you need to do is register at http://www.cantos.com. Cantos.com, the online financial broadcaster, features in-depth interviews, documentaries and webcasts with senior company executives. If you would like to contact us, please email enquiries@cantos.com or phone +44-207-936-1333.

If you would like to contact us, please email enquiries@cantos.com or phone +44-207-936-1333.