Topps Tiles expects ‘modest’ profit as sales recover

Topps_Tiles

Topps Tiles has said it now expects to turn a “modest” profit this year following a bounce back in retail sales.

The flooring specialist hailed “robust” trading in its final quarter to date, with sales jumping 13% in the six weeks to August 8.

On a like-for-like basis, retail revenues were up 16% compared with the same period last year amid “strong” demand for home improvement.

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