First Half Trading Update31 Mar 2021 08:54
Resilient performance against a challenging backdrop
Topps Tiles Plc ("Topps" or the "Group"), the UK's leading tile specialist, announces a trading update for the 26 week period ended 27 March 2021.
Total revenues for the 26 week period were GBP103.6 million (2020: GBP106.2 million), including Retail like-for-like growth over the period of 2.0%...
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Good Q1 figures largely pulled back by those for Q2.
"... We are looking forward to the lifting of lockdown restrictions in April and are concentrating on being well prepared for the return of all customers to our stores. We have a strong balance sheet, are debt-free, and are well positioned for growth this financial year as we move towards our goal of '1 in 5 by 2025'*."