Topps Tiles has reported a record year of turnover with approximately £265m of adjusted sales, a figure up 6.8% year-on-year.
The tile retailer, announcing a trading update for the year to 27 September, said it had now achieved record years for sales in four out of the last five years.
Topps Tiles revealed that its improved sales performance had been “widespread” across the company, with each part of the business – Topps Tiles, Parkside, Online Pure Play and CTD – reporting improved year-on-year performance in H2 compared to H1.
The group also said that like-for-like sales in the Topps Tiles business had accelerated to 7.7% growth in H2, up from 3% in H1, and 5.3% for the year as a whole.
Looking ahead, the retailer said that its improving trading momentum, strategic progress and strong balance sheet would leave it “well positioned” to continue growing sales and profit into 2026.
A statement from Topps Tiles said: “The strong trading performance has been supported by continued strategic progress, with particular progress in the year in the areas of modernising the Topps Tiles trade digital experience, our increased business-to-business sales focus, and supporting the continued growth of Pro Tiler Tools.
“More information will be given in the full year results concerning our progress across all areas of the strategy.”
The company is planning to publish its latest full-year preliminary results on 2 December.
Topps Tiles also confirmed that it remains in the process of recruiting a new permanent chief financial officer (CFO) and revealed it would make an announcement “before the end of the calendar year”.
Recent Stories