Strong trading momentum has continued at Topps Tiles, the Leicestershire-based tile specialist.
In a third quarter trading update for the 39-week period ended 28 June 2025, the business revealed that group adjusted sales were up 10.1%, an acceleration on 4.1% growth in the first half. On a year-to-date basis, group adjusted sales were 6.1% higher year-on-year.
The sales trajectory has improved across all divisions in the group, with Topps Tiles, Parkside and Online Pure Play (Pro Tiler Tools and Tile Warehouse) all delivering higher growth rates in the most recent quarter than in the first half.
The update comes amidst a challenging cost environment, with Topps Tiles seeing £4m of further cost increases on an annualised basis from April 2025 as a result of the recent changes to National Insurance rates and thresholds, together with the increase in National Living Wage.
Meanwhile, progress has been made in CTD since the conclusion of the CMA investigation into the acquisition, with the group confident that CTD will be at least breakeven by the fourth quarter.
