Full Year Results 

Commercial arm delivers for Topps Tiles

Commercial arm delivers for Topps Tiles

Topps Tiles' (TPT) results were at the top end of expectations for FY2019, but retail like-for-like revenue fell 7.2 per cent in the first eight weeks of current financial period as the call for a snap election dented consumer confidence. The step backwards by the consumer was “in line with previous experience with elections”, according to chief executive Matthew Williams, but there's no guarantee that the retailer will be able to claw back sales, even if the election provides a definitive outcome.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now