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TPT — Topps Tiles News Story

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UK's Topps Tiles flags weak start to new fiscal year

Dec 2 (Reuters) - British tile retailer Topps Tiles TPT.L said on Tuesday that trading moderated in the first nine weeks of its new financial year due to weak consumer confidence, after it posted a 46% rise in annual profit.

The company reported an adjusted pre-tax profit of 9.2 million pounds ($12.16 million) for the year ended September 27, compared with 6.3 million pounds in the prior year.

($1 = 0.7568 pounds)

 (Reporting by Raechel Thankam Job in Bengaluru; Editing by Subhranshu Sahu)

 ((RaechelThankam.Job@thomsonreuters.com;))

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