Topps Tiles Plc announced trading updates for the 13-week and 52-week period ended 30 September 2023. Group sales grew by 3.2% in the 13 weeks to 30 September 2023. The comparative period in the fourth quarter of 2022 contained a full contribution from Pro Tiler Tools following its acquisition in March 2022.

Group sales in the year were approximately £263 million1. fiscal year of 2023 was the third consecutive year of record turnover for the Group, with sales now more than £40 million higher than the fiscal year of 19, the last financial year before the COVID pandemic. Year on year, sales increased by 6.4%1, which the company believes represents a significant outperformance relative to the UK tiling market. The Group will update its market share estimate in its full-year results announcement for the fiscal year of 2023 once third-party market data is available but expects to report a strong increase from the 19% reported last year as it moves rapidly towards the early delivery of its goal of '1 in 5 by 2025.