Tile specialist Topps Tiles Plc has announced a growth in half year sales as it continues to make strategic progress.
According to its unaudited consolidated interim financial results for the 26 weeks ended 28 March 2026, total sales rose 11.6% to £142.6m from £127.8m in 2025.
Group adjusted pre-tax profit during the period resulted at £2.2m, down 31% from £3.2m.
“We continue to expand gross margin and have implemented three major self-help cost initiatives aimed at accelerating progress to 8%+ PBT margin,” Topps said.
“This approach counteracts structural headwinds, creates a simpler and more flexible model and positions Group for sustainable long‑term growth to support Mission 365 ambition.”
Online revenue rose to c.21% (H1 2025: c.18%), with positive results from new customer engagement platform, improved marketing efficiency, website conversion rates and customer offers including live stock visibility.
Looking ahead, Topps Tiles like-for-like revenue in the first seven weeks of the second half has returned to positive, up 0.6% which is a step up versus Q2 2026 (down c. 2%). Topps continued to see strong growth in online across the first seven weeks of the second half, including record revenue weeks achieved in Pro Tiler.
Commenting on the results, Alex Jensen, Chief Executive said: “Topps remains a market outperformer despite a softer backdrop of weaker consumer sentiment, geopolitical uncertainty and the cumulative impact of cost inflation.
“We are making good progress in delivering our strategic agenda, including a programme of self-help measures weighted towards the second half, and we are accelerating growth in digital, trade and category extensions.
“These actions are designed to support modest year on year profit growth and provide a stronger financial platform for 2027, positioning the Group for long-term sustainable profit growth.”
