14 Jul 2010 07:00

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14 July 2010
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Topps Tiles Plc
The UK's largest tile and wood flooring specialist
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Interim Management Statement
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Topps Tiles Plc (the "Company"), the UK's largest tile and wood flooring specialist, reports on trading for the 13 weeks ended 3rd July 2010.
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At the half year results announced on 2nd June 2010, we reported that for the first seven weeks trading of our third financial quarter overall Group revenues declined 5.1%, with like-for-like revenues declining by 4.3%.
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Trading during the remainder of the quarter has, however, demonstrated an improving trend with overall revenue across the 13 weeks now having declined by 2.5% (2009: down 8.9%) and like-for-like revenue declined by 1.2% (2009: down 10.9%).
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In the UK, we are trading from a total of 310 stores, having opened 8 new stores, and closed or relocated 7 this financial year.
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There have been no significant unexpected changes in the financial position of the Group since the publication of the Interim Report for the half year ended 3 April 2010.
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Enquiries:
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Emma Kent / Duncan Mayall
Pelham Bell Pottinger 020 7861 3232
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Matthew Williams, Chief Executive Officer
Rob Parker, Finance Director 0161 486 2400
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