Topps Tiles profits down almost a fifth - but bosses say it's a 'market-beating' performance

Profits have been affected by store closures and investment in commercial division

Profits have dropped at Topps Tiles due to the expense of closing a handful of stores and following investments in its Parkside commercial business.

Chief executive Matthew Williams said the tile retailer, which has its headquarters in Grove Park, Enderby, was still growing the Parkside business which it bought in late 2017.

It also closed 13 stores in the half year to March 30.

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source: Leicester Mercury

2019-05-22 12:04
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