Topps Tiles escalates market share while profits dip
Topps Tiles has posted a boom in sales for the full year and confirmed it has achieved its market share goal “two years ahead of schedule,” with cost inflation taking its toll.
For the 52 weeks to September 30, 2023, the flooring specialist reported profit before tax of £6.8m, down 37.6% year on year from £10.9m in 2022, which it attributed to “the impact of cost inflation” on its cost base.
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