Tile retailer Topps Tiles has reported record first half revenue as ‘robust’ demand for home improvements continues.
The Leicestershire-headquartered business – which wants to win £1 in every £5 spent on tiles by 2025 – recorded revenue of £119.2 million for the 26 weeks to April 2, 2022, which is the highest the group has ever delivered in the first half of a financial year.
Pre-tax profit for the period also increased to £5.6 million.
By comparison, Topps Tiles reported revenue of £103.2 million and pre-tax profit of £4 million for the same period in 2021.
In its latest financial report, the company outlined its strategic and operational highlights for 2022 which includes the acquisition of Pro Tiler in March and the launch of its online-only brand Tile Warehouse.