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Topps boosts market share in first half

Published: 19 May 2015
Topps Tiles confirmed today that it had grown ahead of the tile market in the first half of its year, increasing total sales by 6.4% to £104.0m, and with like-for-like sales ahead by 5.3%.
Topps boosts market share in first half
In the 26 weeks to March 28 2015, the leading tile specialist also saw operating profit grow by 14.8% to £10.1m and pre-tax profit by 13.8% to £9.1m.

Trade sales increased to 48% of the total, from 44% in the same period last year, driven by the accelerating do-it-for-me trend and an extension of the successful trade loyalty scheme.

The company completed the roll-out of updated branding to all stores and launched a new online 'tile visualiser' and tablet PCs across the estate to enhance the in-store customer experience.

Read more in this Friday's issue of DIY Week

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