Topps Tiles’s New Store Opened Its Doors in Watford17 Dec 2014 • by Natalie Aster
LONDON – Topps Tiles opened a new store in Watford on 13th December. Customers will find a wide range of products for their tiling projects in the new store. Topps Tile’s professional team, working in the new store, is always ready to help clients with good advice.
As for FY 2014, the company’s total sales demonstrated 9.8% growth on a like-for-like basis. The gross margin climbed to 60.9% (in comparison to 60.2% in FY2013), reflecting further sourcing gains and company’s focus on a differentiated product offer. Adjusted profit before tax reached £17.1million, up by 31.5%. Net debt at the end of reporting period reduced to £30.5 million (2013: £36.6 million).
Topps Tiles Plc is a retailer, wholesaler and distributor of ceramic tiles, wood flooring, and related products in the United Kingdom. Topps Tiles was founded in 1963 and opened its first store in 1963 in Sale, Manchester. The company’s headquarters are situated in Leicester. Topps Tiles Plc runs 330 stores nationwide.
More details on the company’s business, services, strong and weak sides, news and competitors can be found in the report “Topps Tiles plc Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis” worked out by BAC Reports and recently published at MarketPublishers.com
Topps Tiles plc Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis
Date: December, 2014
More company reports featuring SWOT and financial information, industry and competitors analysis can be found in Company Reports Catalogue.