Main menu
Edison Group
  • Home
  • Sparks
  • Equities

    Equities

    View All Equities

    Equities by Sector

    YXT.com

    MCap

    USD127m

    Last close

    USD23.43

    ▲ 20.23 (632.19%)

    Northern Data Group

    MCap

    EUR486m

    Last close

    EUR7.56

    ▲ 2.33 (44.59%)

    Bodycote

    MCap

    GBP1,572m

    Last close

    GBP9.23

    ▲ 173.00 (23.07%)

  • Sectors

    Sectors

  • Megatrends

    Megatrends

  • Thematics

    Thematics

    View All Thematics

    Latest

  • Audiovisual

    Audiovisual

    View All Audiovisual

    Latest

Sparks commentary - Topps Tiles

Consumer

Sparks - Topps Tiles

More on this equity
Topps Tiles — Strategy and markets align
Topps Tiles (LSE: TPT) – FY24 trading update
Published by Russell Pointon

There are some signs of encouragement in Topps Tiles’ full year trading update, with revenue in line with our expectations – a decline of 5.7%.  In the Topps Tiles branded stores, sales trends were stable between Q3 and Q4 in absolute terms and its Online Pure Play business is described as robust. This gives a slight improvement in the underlying rate of decline in Q424 versus Q324, with the help of a slightly easier comparative. The company has performed very well against an even weaker market and management is confident of further market share gains whatever the market conditions. Into the new financial year, the company is lapping against easy comparatives and the macroeconomic indicators are pointing in the right direction.

Topps Tiles has also announced that it is working with the Competition and Markets Authority, which intends to review the company’s acquisition of certain assets of CTD Tiles under merger control, after receiving an initial information request.

Next Sparks Commentary in this sector >

Latest

TMT | Comment

Devolver Digital (LSE: DEVO): AIM cancellation proposed, with $5.0m tender offer attached

Industrials | Comment

Morgan Advanced Materials (LSE: MGAM) – Phasing lifts H126 margin

TMT | Comment

Pathos Communications (AIM: NEWS) – Record July revenue supports H126 trading update

Industrials | Comment

PVA TePla (FRA: PVE) – Q226 results

Industrials | Comment

Metlen Energy & Metals (LSE: MTLN; ATHEX: MYTIL) – Strong H1; FY26 and medium-term guidance confirmed
Cookie Policy Overview
Edison Group

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping us understand which section of the website you find more interesting and useful. See our Cookie Policy for more information.

Strictly necessary and functional

These cookies are used to deliver our website and content. Strictly necessary cookies relate to our hosting environment, and functional cookies are used to facilitate social logins, social sharing and rich-media content embeds.

Advertising

Advertising Cookies collect information about your browsing habits such as the pages you visit and links you follow. These audience insights are used to make our website more relevant.

Performance

Performance Cookies collect anonymous information designed to help us improve the site and respond to the needs of our audiences. We use this information to make our site faster, more relevant and improve the navigation for all users.