"We see lots of reasons why we can continue to outperform the market," says Matt Williams, chief executive of Topps Tiles (TPT). His comments follow evidence of a good start to the year for the retailer, with like-for-like sales up 5 per cent in the first half, driving a 14 per cent jump in pre-tax profit to £9.1m.
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Trade sales increased to account for nearly half of group turnover as Topps continued to strengthen relationships between tradesmen and store teams. Mr Williams said Topps would continue to push into this channel, which has delivered double-digit sales growth for four years now.