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Topps Tiles

May 2026

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • TPT
  • Price:
  • 37p
Ahead of results on 19 May, Topps’ pre-announced   sales came in at £142.7m. Strip out CTD and the core business grew a respectable 2.1%: Q1 was decent and grew 3.7%; Q2 slowed to +0.6% but still stayed positive. On a like-for-like basis the group managed a very modest +0.1%. CTD LFL was up 1%. Online continues to make progress and is now 21% of total sales (up 2% on 2025). Pro Tiler in particular is firing, with revenue up over 21% year-on-year. Fired Earth, since acquisition, is already profitable in the first half. Signs of improvement in housebuilder volumes support the view CTD will return to profit by the end FY26.   Self-help initiatives are focused on closing underperforming stores to safeguard margins. Topps Tiles ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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