Topps Tiles Posts Q1 Revenue Growth Amid Strong Trade Demand

By Tax assistant

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Topps Tiles Posts Q1 Revenue Growth Amid Strong Trade Demand

Topps Tiles, the UK’s leading tile specialist, has reported a positive start to its 2026 financial year. In a trading update released today, January 7, 2026, the group announced a rise in first-quarter revenue, driven by robust performance in its professional trade segment and successful integration of recent acquisitions.

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Performance at a Glance

During the 13-week period ending December 27, 2025, Topps Tiles achieved its fifth consecutive quarter of growth, notably outperforming the broader UK home improvement market.

SegmentPerformance (Year-on-Year)
Topps Tiles LFL Sales+2.0%
Group Revenue (excl. CTD)+3.7%
CTD Tiles LFL Sales+4.7%
Digital Sales Share19.7% of total revenue

Strategic Drivers for Success

The company’s growth this quarter is attributed to several key pillars of its current business strategy:

  • Trade Focus: Professional trade sales grew by 3.7%, underscoring the loyalty of contractor customers. Topps plans to further this momentum with a new dedicated Trade App launching in Q3.
  • Brand Expansion: Following the 2024 acquisition of CTD Tiles, the group has successfully streamlined the portfolio. Additionally, the recent acquisition of Fired Earth in December 2025 is already contributing to revenue through a revitalized supply chain.
  • Mission 365: The group continues to diversify its catalog beyond tiles into adjacent flooring and wall categories, capturing a larger share of the renovation market.
  • Leadership Transition: This marks the first update under new CEO Alex Jensen, who succeeded Rob Parker in December. Jensen noted that while inflationary pressures remain, the group’s competitive positioning is stronger than ever.

Market Reaction

Investors responded favorably to the news, with Topps Tiles shares climbing 4.2% in early trading on the London Stock Exchange. Analysts point to the brand’s resilience in a high-interest-rate environment as a sign of effective management and a dominant market share.

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