The week ahead... Topps Tiles to update the market

Topps Tiles will announce a trading update for the 26 weeks ended 31 March 2018 on 4 April 2018. 

The tile retailer delivered a promising result in January with growth of 3.44% (2017: +0.3%) but share prices have since declined, following a plethora of negative trading statements from retailers across a range of sectors.

Within the January update, Topps Tiles discussed the growth strategy for their core domestic business, advising that they are to progress the development of a new division targeting the commercial tile market, building upon the acquisition of Parkside Ceramics in September 2017. 

Source : The Insight DIY Team

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