Sales are on the up at Topps Tiles, the Leicestershire tile giant, according to a new trading update for the 39-week period ended 1 July 2023.
Trading in the third quarter saw “a continuation of the good performance” reported for the first half, with with total sales growth of 4.4% against last year. For the year-to-date 39-week period, meanwhile, total sales growth was 7.6% year on year.
The businesses is also “confident that adjusted profit before tax in the second half will be materially higher than the first half,” and that Topps Tiles will perform in line with market expectations for the year as a whole.
Rob Parker, CEO, said: “As we celebrate our 60th anniversary, we are pleased to be reporting a continued robust performance in the third quarter, led by Topps Tiles and Pro Tiler Tools, and the successful implementation of a business improvement plan at Parkside.
“Looking ahead, we are confident that our core strengths of leading brands, world class customer service, specialist expertise and a strong balance sheet will enable us to continue to deliver value for all stakeholders.”
