Topps Tiles Plc (TPTJF) Q4 2025 Earnings Call Transcript

Operator

Good morning, and welcome to the Topps Tiles Plc Results Investor Presentation. [Operator Instructions] The company may not be in a position to answer every question received during the meeting itself, however the company can review all questions submitted today and publish responses where it’s appropriate to do so. Before we begin, I would like to submit the following poll.

I’d now like to hand you over to CEO, Rob Parker. Good morning, sir.

Robert Parker
Group CEO & Executive Director

Thank you. Thanks very much. Yes. Good morning, everyone. A very warm welcome to the Topps Group 2025 results. As you just heard, I’m Rob Parker, current Chief Executive. I’m very pleased to be here today for what will be my last set of results with the company. So also joining me today, I’m delighted to say is our new Chief Executive, Alex Jensen. And the plan for the session is I will run through the overview for the group. I’ll talk to the FY ’25 financials. I’ll also address strategic progress during the course of the year. And then I’ll hand on to Alex as our new CEO, to share her initial thoughts on the business and also her priority areas for the year ahead.

So turn on to the highlights for the year. Firstly, we have a really clear strategic goal for the business, which we call Mission 365, and that’s about getting to GBP 365 million worth of sales in a single financial year with a very clear profit underpin of a minimum of 8% and a range of 8% to 10% net margin, we believe we can deliver across each of those