Topps Tiles Plc

Equities

TPT

GB00B18P5K83

Home Improvement Products & Services Retailers

Market Closed - London S.E. Other stock markets 11:35:18 2024-04-26 am EDT			5-day change	1st Jan Change
45 ^GBX	+7.66%		+11.11%	-10.00%

Apr. 05	Stocks drop on Israel-Iran tensions and Fed talk	AN
Apr. 05	Topps Tiles falls again; Gulf Marine rises	AN

Topps Tiles slips further after weak sales

January 05, 2024 at 04:28 am EST

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

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SMALL-CAP - WINNERS

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Kin & Carta PLC, up 1.4% at 135 pence, 12-month range 55.2p-234.5p. The business software consultancy firm trades above its recently agreed takeover price per share. In December, Kin & Carta accepted an offer of 130p per share from Valtech, a company controlled by funds advised by London-based BC Partners LLP, trumping a previously agreed 120p bid from Apax Partners. Last week, Apax said the 'no increase statement' relating to its own offer price is no longer in effect and has been set aside. Valtech on Friday says it holds irrevocable undertakings for around 21% of K&C's shares.

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SMALL-CAP - LOSERS

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Topps Tiles PLC, down 2.4% at 45.88p, 12-month range 42.37p-57.80p. The tile retailer extends losses after a disappointing trading update on Thursday. It said sales in the 13 weeks to December 30 were down by 4.0% year-on-year, with like-for-like sales also down 7.1% year-on-year in the quarter. The group attributed the disappointing results to "ongoing challenges to discretionary consumer spending", which it claims have impacted the repair, maintenance and improvement sector in particular.

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By Elizabeth Winter, Alliance News deputy news editor

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
BIST 30	10,732 PTS	+2.39%	+1.94%	-
KIN AND CARTA PLC	129.6 GBX	0.00%	+0.15%	280M
TOPPS TILES PLC	45 GBX	+7.66%	+11.11%	110M

Latest news about Topps Tiles Plc

Stocks drop on Israel-Iran tensions and Fed talk	Apr. 05	AN
Topps Tiles falls again; Gulf Marine rises	Apr. 05	AN
Pantheon Infrastructure net assets rise	Apr. 03	AN
The London stock market faces a downturn	Apr. 03
Topps Tiles sales slip as muted demand for "big ticket" items weighs	Apr. 03	AN
London stocks tread lower on global rate cut jitters	Apr. 03	RE
Topps Tiles warns of persistent weak demand in 2024	Apr. 03	RE
Topps Tiles Plc Reports Group Sales Results for the 26-Week Period Ended 30 March 2024	Apr. 03	CI
Topps Tiles Plc Provides Group Earnings Guidance for the Year 2024	Apr. 03	CI
Topps Tiles says some AGM motions see sizeable opposition	Jan. 18	AN
Topps Tiles slips further after weak sales	Jan. 05	AN
FTSE 100 Index Closes Up 0.5% Boosted by Oil Stocks	Jan. 04	DJ
Retailers Next and JD Sports bookend FTSE 100	Jan. 04	AN
Topps Tiles quarterly sales down amid consumer spending lull	Jan. 04	AN
Aptitude wins deal; Topps Tiles sales fall	Jan. 04	AN
Next leads buoyant FTSE 100 amid services PMIs	Jan. 04	AN
Stocks to open higher amid slew of services PMIs	Jan. 04	AN
FTSE 100 Closes Down 0.7% as Light Profit Taking, Luxury Sector Downgrade Weighs	Nov. 28	DJ
Topps Tiles annual profit declines as costs outpace revenue growth	Nov. 28	AN
Topps Tiles Plc Reports Earnings Results for the Full Year Ended September 30, 2023	Nov. 28	CI
Topps Tiles plc Proposes Final Dividend, Payable on 2 February 2024	Nov. 28	CI
UK Stocks-Factors to watch on Nov. 28	Nov. 27	RE
Topps Tiles plc Announces Board Changes	Nov. 21	CI
FTSE 100 Closes Down, Weighed By Weak Oil, Metals Prices	23-10-04	DJ
Topps Tiles sees another year of "record" sales despite slowing market	23-10-04	AN

Chart Topps Tiles Plc

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Company Profile

Topps Tiles Plc is a tile specialist. The principal activity of the Company is the sale and distribution of ceramic and porcelain tiles, natural stone, and related products. Its products and services include bathroom tiles, kitchen tiles, outdoor tiles, floor tiles, wall tiles, natural stone, mosaic tiles, adhesive and finishing, and style and advice. It offers specialist product expertise and customer service to trade and homeowner customers through a nationwide store network. It offers an extensive range, with approximately 2,000 tiles available to order and a wide range of consumable products, including own-brand products. It offers Tile Warehouse, which is an online-only brand, which offers homeowners a proposition on a focused range of approximately 400 tiles and associated products. Its Pro Tiler is an online specialist supplier of consumables and equipment to trade customers. Its Parkside brand is a tile specialist, aimed at architects, designers and contractors.

Sector

Home Improvement Products & Services Retailers

Calendar

2024-05-21 - Q2 2024 Earnings Release

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Income Statement Evolution

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Ratings for Topps Tiles Plc

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

0.45 GBP

Average target price

0.616 GBP

Spread / Average Target

+36.89%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

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