Tile retailer Topps Tiles Plc has reported a growth in full year sales and profit.
According to its latest results for the 52-week period ended 27 September 2025, total adjusted sales rose 6.8% to £265.4m from £248.5m in 2024.
Topps said it made strong strategic progress against five key areas of growth – category expansion, Topps Tiles trader digital experience, business-to-business, Pro Tiler and Tile Warehouse.
During the period, its CMA investigation was concluded on CTD, with the requirement to dispose of four stores – three complete with one imminent. From this, 22 stores remained, which are fully integrated and include growth plans to move into profit in FY26.
The Group has also acquired the Fired Earth brand, IP, website and an estimated £2.5 million of stock for a consideration of £3 million in November 2025, adding a complementary premium brand to the Group.
Topps’ new CEO Alex Jensen to assume full responsibility on 8 December, as current CEO Rob Parker retires from the business, meanwhile, the retailer has also announced the appointment of Caroline Browne as its new CFO, who joins in spring 2026.
As for current trading, group sales growth in first nine weeks are up 3.3% year-on-year with Topps Tiles like-for-like sales up 2.0%. CTD stores are delivering consistent LFL growth.
“Sales growth over the first nine weeks of the new financial year have moderated due to weaker consumer confidence,” Topps said. “As an established market leader, the business is well positioned and we remain confident in our growth strategy and goal of Mission 365.”
Commenting on the results, 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.”
