Likewise Group delivered higher sales, improved profit and continued UK expansion in a year that moved the business closer to its £200 million revenue target.
Sales rose to £163.1 million for the year to 31 December 2025, up from £149.8 million in 2024. Underlying pre-tax profit increased to £3.1 million from £2 million, while gross margin improved to 31.1%.
The figures show a business building scale while continuing to invest in capacity. Likewise has also reported a strong start to 2026, with first-quarter sales up 15.2% to £44.2 million. April trading followed a similar pattern, giving the group early momentum for the new financial year.
The company is now investing further in its distribution network. It has bought a second Leeds distribution hub for £3 million, funded through existing banking facilities. The site will support the handling of palletised goods from the Far East and Europe and should ease pressure on other parts of the network.
Likewise is also extending its Newport hub, with the new space expected to be operational in July 2026. The added storage and cutting capacity will support its Welsh operations and the wider Likewise Floors business. Additional cutting capacity in Derby should also improve service and efficiency.
Likewise Group PLC (LON:LIKE) is a distributor of floorcoverings and matting and has the opportunity to consolidate the domestic and commercial floorcovering markets to become one of the UK’s largest distributors in this sector.
