8 January 2013
Topps Tiles Plc
Q1 Interim Management Statement
Topps Tiles Plc (the "Company"), the UK's largest tile and wood flooring specialist, announces a trading update for the 13 weeks ended 29 December 2012.
Trading in the first quarter has been within the range of management expectations. Like-for-like revenues across the first 13 weeks of the current financial year increased by 1.6% (2011: down 4.2%), with like for like growth strengthening in the final six weeks of the period.
Topps ended the quarter with a total of 322 UK stores.
There have been no significant or unexpected changes in the financial position of the Group since the publication of the Annual Financial Report for the 52 weeks ended 29 September 2012.
Topps will hold its Annual General Meeting on 23 January 2013, no further update on trading will be given at this point.
The Company will announce a trading update for the 26 weeks ended 30 March 2013 on 27 March 2013, prior to entering its close period.
- Ends -
Enquiries:
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Topps Tiles Plc
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Matthew Williams, Chief Executive Officer
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Rob Parker, Chief Financial Officer
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0161 486 2400
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Citigate Dewe Rogerson
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020 7638 9571
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Kevin Smith / Lindsay Noton
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