Likewise Group plc (LON:LIKE), the fast-growing UK floor coverings distributor, is holding its Annual General Meeting later this morning and is pleased to announce further substantial progress as they approach the end of H1 26.
Year to date Total Group Revenue to 16 June has increased by 17.0% on a like for like basis, with June month to date 20.8% ahead.
All of the projects previously reported in Glasgow, Leeds, Derby, Newport and East Midlands are on schedule to provide significantly more operational capacity for H2 26 and FY27.
The Board will meet later today with key topics being further investment to capitalise on the many opportunities before the Group’s businesses across the UK.
As previously announced, the Group has had a very positive start to the financial year, with Revenue growth outperforming original internal expectations. Given the widespread Global tension and uncertainty, H2 26 is very difficult to predict, but the Board remains confident in achieving market expectations for FY26.
The Group is in a particularly exciting phase of development in its short history. The Board is creating a clear strategy for the next 5 years to continue to expand whilst also focused on improved operating margins.
The Board thanks our Management, Employees and all Stakeholders for their continued enthusiasm, contribution and commitment.
The voting results from the AGM will be announced later today.
