Topps Tiles PLC 2020 AR2
The report highlights Topps Tiles' performance during the 52-week period ended September 26, 2020, a year marked by challenges from the Covid-19 pandemic. Despite temporary store closures, the company launched a new market share goal of '1 in 5 by 2025' and refreshed its retail strategy. Financially, Group revenue decreased by 12.0% to £192.8 million, but the balance sheet was strengthened, moving to an adjusted net cash position of £26.0 million. On the sustainability front, the company established a Group-wide Sustainability Council, reduced carbon emissions per store by 22.8%, and committed to supporting the production of tiles with high recycled content.
Company: Topps Tiles PLC
Sector: Consumer Discretionary
Country: United Kingdom
Year: 2020
Type: AR2
Pages: 180
Topps Tiles PLC
Annual Report And Accounts
The report highlights Topps Tiles' performance during the 52-week period ended September 26, 2020, a year marked by challenges from the Covid-19 pandemic. Despite temporary store closures, the company launched a new market share goal of '1 in 5 by 2025' and refreshed its retail strategy. Financially, Group revenue decreased by 12.0% to £192.8 million, but the balance sheet was strengthened, moving to an adjusted net cash position of £26.0 million. On the sustainability front, the company established a Group-wide Sustainability Council, reduced carbon emissions per store by 22.8%, and committed to supporting the production of tiles with high recycled content.
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Document Details
Report Year
2020
Reporting Period
Sep 29, 2019 - Sep 26, 2020
Fiscal Year
2020
Published
Dec 3, 2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees