Topps Tiles Plc provided earnings guidance for the 26 weeks ending March 30, 2013 and 52 weeks ending September 29, 2013. For the 26 weeks ending March 30, 2013, the company expects total revenues will be in the region of £87.4 million (2012: £86.6 million), a 0.9% increase year on year.  Like-for-like revenues for the 26 week period will have decreased by 0.3%. Underlying profit before tax for the first half is expected to be £4.3 million (2012: £5.6 million).

For the 52 weeks ending September 29, 2013, the company anticipates against a background of weaker than expected demand, a number of cost reduction initiatives have been implemented and, when taken into account, management expect that full year adjusted profit before tax will be within the current range of market expectations. The current range of market expectations for underlying pre-tax profitability is £13.3 million to £13.8 million.