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TPT — Topps Tiles News Story

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UK's Topps Tiles posts 10% increase in third-quarter sales

July 2 (Reuters) - British tile retailer Topps Tiles TPT.L posted a 10.1% increase in third-quarter adjusted sales on Wednesday on strong demand from builders and contractors and signs of recovery from homeowners.

The company also said it expects operating costs for the second half of the year to grow at a lower rate than gross profits.

 (Reporting by Unnamalai L in Bengaluru; Editing by Nivedita Bhattacharjee)

 ((Unnamalai.L@thomsonreuters.com;))

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