Airea shares jump on positive trading update

AIM listed commercial floor covering specialist Airea (LON:AIEA) saw its share price rise by 15.38% to 22.5p (as of 12.23pm GMT) after it announced that trading to date has been in line with expectations.

The group expects a decline in demand for flooring products caused by Covid-19 and is therefore currently focussing on cash and overhead management in preparation for the expected reduction.