Topps Tiles (GB:TPT) has released an update.
Topps Tiles Plc, the UK’s leading tile specialist, reported a challenging first half with sales down 5.8% year-on-year, though market share increased. The company announced a new growth strategy, ‘Mission 365’, targeting £365 million in medium-term sales, alongside a focus on digital offerings for trade customers and expansion into new product areas. Despite a market roughly 20% below pre-COVID levels, Topps Tiles maintains a robust financial position and is well-positioned for recovery and growth.
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