Aga feels the heat as profits turn to loss - Business - Evening Standard
       

Aga feels the heat as profits turn to loss

AGA Rangemaster, which makes the cookers which were once a must-have for the kitchens of the rich and famous, today showed just how badly the recession has hit it as it posted a half-year pre-tax loss of £2.4 million, down from a £12.3 million profit in the same period last year.

Chief executive William McGrath said: "Cost cutting, good cashflow management and resilient trading are central components of our 2009 story."

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