Topps on the acquisition trail as revenues dive
Sales at Enderby-based Topps Tiles were down nearly 5% for the 13 weeks to 1 July, the firm said this morning (5 July).
Topps says the results, which saw sales fall by 4.7%, show continued weaker macro-economic conditions this year and a strong period of performance in the prior year when the business was benefiting from the increased level of housing transactions resulting from the Stamp Duty changes in April 2016.
Matthew Williams, chief executive officer, said: "At the time of our interim results in May we pointed to a more c... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
