14 March 2022 - acquisition/trading update
The group has expanded its operations with the acquisition of a 60% stake in Pro Tiler Limited, an online specialist supplier of tiling-related consumables and equipment to trade customers. Topps also has an option to acquire the rest of the business from 2024. Pro Tiler reported revenues of £9.3m in the year to 31 March 2021 with pre-tax profits of £1.1m. The business has continued to grow in the current financial year and is expected to benefit from being part of a larger group due to the additional buying power . . .
This content is restricted to members only. We offer three packages from 1 month to a whole year of daily tips, market news and commentary, plus our monthly newsletters.
Registration is quick and simple HERE.
Already a member, log in HERE.