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Topps Tiles PLC (TPT.L)

TPT.L on London Stock Exchange

22 Sep 2017
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-4.50 (-5.77%)
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Latest Key Developments (Source: Significant Developments)

Topps Tiles says H1 revenue of 106.5 mln pounds
Tuesday, 4 Apr 2017 02:00am EDT 

Topps Tiles Plc - : H1 revenue 106.5 million pounds versus 108 million pounds year ago . Trading update . Board will announce interim results for period on 23 May 2017 . Total revenues for 26 week period were 106.5 million pounds (2016: 108.0 million pounds). . Like-For-Like revenues for 26 week period decreased by 1.9 pct . Trading in Q2 reflected softer market conditions . Lower sales growth over first half will primarily be offset by reduced operating expenditure . Expectations for full year profits are within current range of analyst forecasts .Are taking a prudent view on outlook for balance of 2017, an improving trend over q2 provides some encouragement.  Full Article

Topps Tiles sees FY LFL sales up c.4.2 pct
Wednesday, 5 Oct 2016 02:00am EDT 

Topps Tiles Plc : Revenues for 52 week period are expected to be in region of £215 million . Like-For-Like revenues are expected to show an increase of c.4.2 pct on prior year versus a rise of 5.4 pct in 2015 . Adjusted pre-tax profits for year ending 1 october 2016 are expected to be within range of current market estimates . Estimate previously announced strategic decision to exit low margin wood flooring during quarter cut Q4 like-for-like sales by c.1.5 pct . "This impact will reduce over Q1 FY2017 as sales from our new range of larger format tiles build." .Like-For-Like revenues in 13 weeks ended 1 October 2016 were ahead by 1.4 pct.  Full Article

Topps Tiles H1 adjusted pretax profit rises
Tuesday, 24 May 2016 02:00am EDT 

Topps Tiles Plc : H1 adjusted profit before tax £10.3 million versus £9.1 million year ago . H1 revenue rose 3.8 percent to 108 million stg .Interim dividend 1 penceper share.  Full Article