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Evening Standard

Business

Holly Williams

YOU WONT BELIEVE: Topps tiles cautions over costs as profits slump on weak home improvement market - You Need To See This

Topps Tiles Topps Budget

Retailer Topps Tiles has revealed its profit nearly halved over the past year as it grappled with a tough home improvement market and cautioned over “significant” cost pressures in 2025 ahead of new Budget measures. - (PA Media)

Retailer Topps Tiles has revealed its profit nearly halved over the past year as it grappled with a tough home improvement market and cautioned over “significant” cost pressures in 2025 ahead of new Budget measures.

The flooring specialist reported underlying pre-tax profits of £6.3 million for the year to September 28, down from £12.5 million the previous year, as Topps Tiles same-store sales slumped 9.1%.

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