Tile Mountain Group has announced a record-breaking financial year, with sales up nearly 30% in 2024. The company reported turnover of £130.1 million, an increase of 27% from £101.8 million in 2023. Gross profits rose to £69.4 million, up 27% year-on-year, while operating profit increased over 10% to £10.1 million.
© Tile Mountain Group
The company credited its Bathroom Mountain brand as the standout performer across its portfolio. Managing Director Jeremy Harris emphasised the group's focus on creating showroom experiences that go beyond traditional retail, including extensive product displays, refreshments, a dedicated kids' zone, and free parking to inspire and engage customers.
Looking ahead, Tile Mountain forecasts revenues of £150–160 million for 2025, supported by continued investment in showrooms, product development, and customer service. The group currently operates 14 showrooms and has identified 50 potential new locations for expansion.
In addition, Tile Mountain recently acquired the 30-acre former Johnson Tiles production site in Tunstall, complementing its existing 400,000 sq ft warehouse complex. The acquisition includes production facilities, offices, and warehouses, providing the company with additional operational capacity.
Source: www.kbbreview.com
