Tapi has stated that in the first half of 2025, despite harsh economic conditions making big-ticket purchases more challenging for consumers, the company delivered double-digit growth in both revenue and gross margin year-on-year.
The information was disclosed as part of the company’s strategic report for 2024, which reported revenue growth of 33% last year, driven by “strong underlying performance and the contribution from the acquired Carpetright stores”. Gross profit margin also increased by a slim 0.2%.
Throughout the rest of 2025, the company’s directors say, Tapi remains committed to “removing waste and optimising variable costs,” and the company is expected to report a further “significant improvement” in profitability for the year. It aims to continue investing in existing stores as well as the digital customer experience, while opening new locations and developing mutually beneficial retail partnerships.
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