Likewise Group extremely well positioned to accelerate growth during 2024

Likewise Group plc

Likewise Group plc (LON:LIKE), the fast growing and progressive Flooring Distributor, has announced that the contingent consideration of £3,855,000 has been paid in full from current cash resources to the vendors of Valley Wholesale Carpets (2004) Limited under the terms of the Share Purchase Agreement announced on 15 December 2021.

No further payments are owed to the vendors of Valley.

Tony Brewer, Chief Executive of Likewise, said:

“Valley has been an excellent acquisition with the quality of Assets acquired plus the positive impact to Group profitability and operating cash flow. We thank the Management and Staff for their contribution in maintaining Valley as an autonomous business.

Whilst very early in the year, trading has commenced positively, and the Likewise Group is extremely well positioned to accelerate growth during 2024.”

We’ll keep you in the loop!

Join 1,000's of investors who read our articles first

We don’t spam! Read our privacy policy for more info.

Share on:
Find more news, interviews, share price & company profile here for:

Likewise grants over 3.1m shares under 2025 SAYE scheme

Likewise Group plc (LON:LIKE) has successfully closed its 2025 Save As You Earn Scheme, granting options to 69 employees on over 3.1 million shares.

Likewise Group delivers strong FY24 with continued growth in FY25

Likewise Group plc announces strong financial results for FY24, highlighting a 7.4% sales increase and strategic investments driving growth and profitability.

Likewise Group schedules FY24 Final Results release

Likewise Group plc (LON:LIKE), a leading UK floor coverings distributor, is set to announce its FY24 Final Results on 12 May 2025.

Likewise Group Q1 sales up 10.7%, growth continues

Likewise Group plc (LON:LIKE) reports strong Q1 2025 growth, with a 10.7% rise in gross sales revenue, driven by strategic investments and enhanced logistics.

Likewise completes Share Buyback Programme

Likewise Group plc (LON:LIKE), a leading UK floor coverings distributor, has successfully completed its Buyback Programme, achieving a total of £200,000.

Likewise Group expands UK coverage with new logistics centre

Likewise Group plc expands its reach with a £1.2M logistics hub purchase in Plymouth, boosting UK coverage and promising strong growth in 2025.

Search

Search