UK's Topps Tiles tops FTSE smallcaps on revenue boost

Topps Tiles

01/10/2025 08:27

** Shares of British tile retailer Topps Tiles TPT.L rise 5.4% to 37p, top pct gainers on FTSE small cap index .FTSC

** FY adjusted sales grow 6.8% to 296 million pounds ($398.7 million)

** Co keeps fiscal 2025 forecast, sees adjusted pre-tax profit of 8.3 million pounds to 9.2 million pounds

** "There is no sign of any weakness or slowdown in activity," Peel Hunt analysts say

** As of last close, stock fell 7.6% YTD, while .FTSC up 6.2%

($1 = 0.7424 pounds)

 (Reporting by DhanushVignesh Babu in Bengaluru)

 ((DhanushVignesh.Babu@thomsonreuters.com;))