Essential reading for retailers and suppliers in the home improvement market

Topps' Q1 sales rise 6% like for like

Published: 7 January 2015
Topps Tiles achieved a 6% rise in like-for-like revenues in its first quarter, the company said today, although growth slowed from the 9.3% of the same period last year.
Topps' Q1 sales rise 6% like for like
The UK's largest tile specialist ended the period - the 13 weeks to December 27 2014 - with 336 stores.

CEO Matthew Williams said: "I'm delighted to report an encouraging start to our financial year, with like-for-like sales growth of 6% in the first quarter. This is particularly pleasing as it builds on our strong sales growth in the corresponding period in the prior year.

"We're confident that our plan for 2015 will see us further extend the appeal of the Topps brand and move closer to our strategic goal of taking a one third share of the domestic tile market."

In November, Topps reported a full-year rise in revenue of 9.8% to £195.2m, up 8.6% on a like-for-like basis, while pre-tax profit rose from £10.6m to £16.7m - up 58%.

Comments


(Your email address will not be published)
9 + 8 =  
Already Registered?
Sign In
Not Yet Registered?
Register
Printable View E-mail Bookmark
*

Latest reader comments

re: Latest update on Green Homes Grant and implications for homeowners and landlords

John Hart
After applying for a green homes how long will it take for a decision? thanks...

re: SX Rainproof Exterior Caulk

Wally
I need the exterior sx rain resistant caulk! Can't get it anywhere so please help! How can I order it? Need it yesterday...

re: BCT can replicate any material in a ceramic tile

Christina Tiritanou
Not sure if you can help as I require a tile which has the measurements of 6”x 6”? Thank you....

re: Latest update on Green Homes Grant and implications for homeowners and landlords

colin thompson
SarahVery clear and helpful information.Thanks...

Most read stories