trending Market Intelligence /marketintelligence/en/news-insights/trending/nUPSZ1a1WORAKB6hXD09yg2 content esgSubNav
In This List

Topps Tiles fiscal H1 profit climbs 14.4% YOY

Blog

Industries Most and Least Impacted by COVID-19: A Market-Implied Probability of Default Perspective

Blog

Post-webinar Q&A: Global Credit Risk Trends 2021 and Beyond

Blog

Shore Capital is Now Available in S&P Global’s Aftermarket Research Collection

Video

S&P Capital IQ Pro | Powered by Advanced Visualization


Topps Tiles fiscal H1 profit climbs 14.4% YOY

Topps Tiles PLC said its normalized net income for the fiscal first half ended March 28 was 3 Great British pence per share, an increase of 14.2% from 3 pence per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was £5.7 million, an increase of 14.4% from £5.0 million in the prior-year period.

Total revenue increased 6.5% on an annual basis to £104.0 million from £97.7 million, and total operating expenses grew 5.7% on an annual basis to £94.0 million from £88.9 million.

Reported net income grew 16.1% from the prior-year period to £7.1 million, or 4 pence per share, from £6.1 million, or 3 pence per share.