After a review of the company's "distribution routes to the market place" British Ceramic Tile (BCT) has agreed to sell its four Trade Warehouses for an undisclosed sum. 

Topps Tiles has reported, ahead of the period close, stronger sales than last year for the 27-weeks to April 3. However, the company still sees consumer confidence as 'unstable' and describes trading in the second quarter as "subdued". 

Acquisition provides opportunity to become a 'major force' in this attractive and growing market, says Travis Perkins chief executive. 

Revenues and profits rise for owner of Triton showers and H&R Johnson tiles and adhesives.