TPTTopps Tiles Plc
35.50GBP-0.56%Mkt Cap: 89.15M $P/E: 11.83

Topps Tiles Plc engages in the retail and wholesale distribution of ceramic and porcelain tiles, natural stone, and related products for residential and commercial markets in the United Kingdom. The company engages in pr…

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Topps Tiles shutting 23 stores as part of cost-cutting measures

The Leicestershire-based tile chain is also making savings across its head office to offset tougher trading and rising costs.

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Arrow Exploration, Quantum Blockchain Technologies, S&U, Topps Tiles - Small Cap Snapshot

Arrow Exploration (TSX-V:AXL, AIM:AXL, OTC:CSTPF) has brought a new well into production in Colombia, currently pumping around 784 barrels of oil per day. A seventh well is already being drilled and an exploration well is expected to spud in May. Quantum Blockchain Technologies (AIM:QBT, FRA:BYA1) has received a final rejection from the US Patent Office for its ASIC Ultra Boost technology. The company's lawyers say there's still a path forward, with a meeting scheduled with the examiner on 20 April. S&U (LSE:SUS) says the FCA's updated motor finance redress scheme will halve the number of its eligible customers. The company says its existing provisions are more than enough to cover the costs, and its growth plans won't be affected. Finally, Topps Tiles (LSE:TPT) shares fell 4.6% after first-half sales came in broadly flat in a tough home improvement market. The tile retailer is closing 23 underperforming stores and cutting costs to protect its margins. Follow us and subscribe on YouTube, our social channels, and on proactiveinvestors.co.uk.

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