Topps Tiles Trading Update - September 2011

Topps Tiles Plc (the "Group"), the UK's largest tile and wood flooring specialist, reports on trading for the 52 week period ending 1 October 2011, prior to entering its close period. The Board will announce preliminary results for the period on Tuesday 29 November 2011.

We expect to report that overall UK revenues for the 52 week period will be in the region of £175.7 million (2010: £182.4 million). When restated on a same reporting week basis the total revenues will be approximately 1.7% below the prior year. Like-for-like revenues are expected to show a decrease of 1.9% (2010: increase of 1.7%).

The Board expects adjusted pre-tax profit for the 52 week period to be within the range of analysts' estimates.

Read the full press release in our 'Interesting Articles' section.

Source; Topps Tiles Press Release