Topps Tiles Plc, the Leicestershire-based tile specialist, has reported a record year of sales alongside a strong increase in profits.
In its unaudited consolidated annual financial results for the 52 weeks ended 27 September 2025, the firm hailed a “market beating performance” with statutory revenue up 17.5% to £295.8 million and adjusted revenue up 6.8% to £265.4 million.
Statutory profit before tax, meanwhile, recovered to £8.3 million from a loss before tax of £16.2 million, and adjusted profit before tax was up 46% at £9.2 million.
During the period, the CMA investigation into the firm’s acquisition of CTD completed, with a requirement to dispose of four stores. Three of these disposals are complete with one “imminent.”
Rob Parker, chief executive, said: “In what will be my final year with the business I am pleased to deliver a strong set of financial results and strategic progress. The business has delivered a new record year of sales, combined with a strong increase in profits and dividends.
“Our strategy and growth plans are working well and we are making excellent progress towards our Mission 365 goal. I wish my successor, Alex Jensen, the very best as she takes the Group on to the next stage of our exciting growth plans.”
Alex Jensen, chief executive designate, added: “This is a very encouraging set of results, and the team worked hard to ensure each business delivered strongly against the prior year. I am grateful to Rob for the foundations he’s laid down and I look forward to working with the team to build on this progress, accelerate our digital momentum, and harness the team’s expertise to maximise value for all stakeholders.
“I’m excited to bring the Fired Earth brand into our portfolio to further accelerate delivery of our Mission 365 goal. I’m also delighted that Caroline Browne has been appointed as the Group’s new CFO. Caroline’s extensive retail experience and proven ability will be invaluable as we continue to execute our growth strategy and strengthen our market position.”
In November, Topps Tiles Plc acquired the Fired Earth brand, IP, website and an estimated £2.5 million of stock for a consideration of £3 million, adding a complementary premium brand to the group.
