Essential reading for retailers and suppliers in the home improvement market

Topps Tiles continues steady performance

Published: 23 May 2007
Topps Tiles reported a 4.4% jump in like-for-like sales and a slight drop in half year pre-tax profit.
The flooring retailer says profit before tax fell from £20.3m the year before to £18.7m in the six months ended March 31, 2007 while sales for the period rose 14.9% to £101.8m.

Operating profit for the period rose 8.8% to £21.3m.

Topps Tiles says it is on target to open 30 new UK stores this financial period and it is ahead of target to open five new stores in Holland.

The group opened 15 new UK stores and four new Dutch stores in the last six months.

Chief executive Nick Ounstead says he is confident of continued progress in the second half of 2007.

Comments


(Your email address will not be published)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

What do you think?


How has footfall been so far this January?



Latest reader comments

re: Focus to enter administration

treejoc
Ossian, said sad to see it go .This is what a debt does, well if cerberus and the moneylenders hadn't taken 2.6 billion out of the old ...

re: Staff at new B&M store to face Christmas Eve redundancy

Keith Singleton
I am disgusted at the treatment shown to staff by the multiples. No wonder they get so big so quickly. But it isn't just their staff that ...

re: PM refuses calls for shops to shut on Boxing Day

Danny Ocean
Wasn't this the PM who stood on the steps of number 10 preaching that she would be the champion of the little people and making the world a ...

re: Parasene announces multi-million pound expansion

MARCELINO NOVAL
Did you actually carriet this project ?...

re: Wickes: More complaints from employees

jefg
Forklift drivers are no linger paid extra as of this summer. Its an added risk. I have been advised not to take the FLT training...

Most read stories