THE RETAIL BULLETIN - The home of retail news
Click here
Home Page
News Categories
Commentary
Department Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Retail Events
People in Retail Awards 2024
Retail HR Central 2024
The Future of The High Street 2024
Retail HR Summit
THE Retail Conference
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Topps Tiles reports improved trading

Topps Tiles has said it expects adjusted revenues for its full year to be in the region of £215 million compared to £211.8 million in the… View Article

HOME AND DIY RETAIL NEWS

Topps Tiles reports improved trading

Topps Tiles has said it expects adjusted revenues for its full year to be in the region of £215 million compared to £211.8 million in the previous year.

While like-for-like revenues were flat in the 52 weeks to 29 September, there was an uplift of 1.2% in the final 13 weeks of the period following an improvement in trading.

As a result, Topps now expects adjusted pre-tax profits for its full year to be slightly ahead of the top end of its current range of market expectations.

Matthew Williams, Topps Tiles chief executive, said: “I am pleased to report an improvement in trading over the final quarter which has enabled the group to post a full year sales result which is slightly ahead of the top end of market expectations and which represents an outperformance of the overall tile market.

“Our core Topps Tiles business is a well invested, cash generative market leader with a proven strategy and we continue to make good progress with our expansion into the commercial segment of the UK tile market which will be an important source of future growth for the group.”

Subscribe For Retail News