Topps Tiles has returned to profit in its latest annual results.
The tile specialist saw statutory pre-tax profit hit £8.3m for the 52 weeks ended 27 September 2025, from a £16.2m loss the year prior.
The figure included CTD Tiles related costs, which the brand saved from administration in 2024, a material write back of IFRS 16 related impairments and management transition costs.
Adjusted pre-tax profit rose 46% to £9.2m over the period, compared to £6.3m the year before.
Statutory group sales increased from £252m to £296m, which included revenues of £30.3m from CTD. Adjusted revenues grew 6.8% to £265m.
Group sales growth for its first nine weeks of the new financial year rose 3.3% year on year, as like for like sales increased 2%.
The business hailed a “market beating performance” and said that it had made “clear progress” towards its goal of “Mission 365,” which the retailer revealed last year.
Departing Topps Tiles CEO Rob Parker said: “In what will be my final year with the business I am pleased to deliver a strong set of financial results and strategic progress.
“The business has delivered a new record year of sales, combined with a strong increase in profits and dividends.
“Our strategy and growth plans are working well and we are making excellent progress towards our Mission 365 goal.”
Chief executive designate Alex Jensen added: “This is a very encouraging set of results, and the team worked hard to ensure each business delivered strongly against the prior year.
“I am grateful to Rob for the foundations he’s laid down and I look forward to working with the team to build on this progress, accelerate our digital momentum, and harness the team’s expertise to maximise value for all stakeholders.
“I’m excited to bring the Fired Earth brand into our portfolio to further accelerate delivery of our Mission 365 goal. I’m also delighted that Caroline Browne has been appointed as the group’s new CFO.”
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