Topps Tiles has reported record sales driven, it said, by “nationwide store coverage, world class customer service, and strong omni-channel capability”. The UK’s biggest tile specialist, which is marking its 60 th year in business, said in the six months to April 1 it saw group revenues of more than £130 million, up 9.3 per cent on a year before.
Topps said its plan to take a 20 per cent of the UK market by 2025 was now ahead of schedule, with average sales per store up 30 per cent compared to 2019. Now based on the outskirts of Leicester, with 304 shops, the first Topps Tiles store opened in Sale, Manchester in 1963.
However, the business said adjusted pre-tax profits were down 38 per cent on the same six months a year earlier at £4.4 million, following adverse exchange rate movements and the impact of inflation on costs.
