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Topps Tiles PLC
TPTJF reported a 58% rise in its FY14 pretax profit and lifted its final dividend payment by 60%.
Topps Tiles reported a pretax profit of 16.7 million pounds ($26.17 million), compared to GBP10.6 million, in the year-earlier period.
Profit attributable to equity holders of the company jumped to 12.5 million pounds, or 6.43 pence a share, compared to 9.1 million pounds, or 4.73 pence a share, in the year-earlier period.
Its revenue climbed 10% to GBP195.2 million, while like-for-like store sales gained 8.1%.
Matthew Williams, CEO of the group commented, "Topps had an excellent year in 2013/14 as our consistent focus on taking profitable market share helped the Group to significantly outperform the overall tile market and deliver robust increases in like for like sales, pre-tax profits and earnings per share."
The company declared a final dividend of 1.60 pence a share.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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