BRITS rushing to renovate their homes after spending months locked down lifted tile maker Topps Tiles' profits this year.

Higher-than-expected profits were generated by the company registering £227.5m in income, its best ever take.

Rob Parker, chief executive, said: "We remain confident on the outlook, against a backdrop of strong demand for DIY products and continued investment into home improvements."

Demand for DIY and home renovation products took off at the height of the pandemic, driven by Brits wanting to make lockdowns more palatable.

"Like-for-like sales were strongly ahead of 2019 in the final quarter but were also above the same period in 2020, when our sales bounced back strongly following the first national lockdown," Parker added.

He added the company was confident in their outlook against continuing strong demand, despite higher shipping costs squeezing margins in another symptom of the supply chain crisis.

(c) 2021 City A.M., source Newspaper