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Last checked at 
4 Jul 2012 07:00
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4th July 2012
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Topps Tiles Plc
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Interim Management Statement
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Topps Tiles Plc (the "Company"), the UK's largest tile specialist, reports on trading for the 13 weeks ended 30th June 2012.
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Like-for-like revenues across the full 13 weeks of the third quarter have increased by 2.1% (2011: down 1.9%).
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The result for the third quarter is in line with management's expectations and, as we enter our final financial quarter, we remain comfortable with market expectations for the year as a whole1.
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During the quarter we opened three new stores and are currently trading from a total of 322 UK stores. We continue to target a total of 325 stores for the year end.
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There have been no significant or unexpected changes in the financial position of the Group since the publication of the Interim Report for the half year ended 30th March 2012.
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1 The current range of analysts' estimates for adjusted pre-tax profit for the year ended 30 September 2012 is Β£11.5m to Β£14.0m, with a consensus of Β£13.0m.
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- Ends -
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Enquiries:
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Matthew Williams, Chief Executive Officer | |
Rob Parker, Finance Director | 0161 486 2400 |
Kevin Smith / Lindsay Noton | |
Citigate Dewe Rogerson | 020 7638 9571 |
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