Likewise Group plc (LON:LIKE) CEO Tony Brewer explains how the successful fundraising strengthens the Group’s ability to expand without overleveraging the business. He outlines the role of the new Corby distribution hub, the additional capacity coming online at Newport and Derby, and how these investments could lift annual sales capacity from around £200 million towards £300 million, with further expansion creating additional long-term headroom.
Key Moments
- 00:10 Fundraising strategy explained
- 01:29 Corby hub drives expansion
- 02:13 National capacity position
- 03:20 Cutting capacity increases
- 03:53 Capacity rises by 50%
- 04:10 Trading momentum builds
- 04:47 Five-year investment plans
- 05:25 Revenue potential expands
- 05:51 Margin ambitions outlined
Likewise Group plc is a UK floor-coverings distributor supplying carpets, residential vinyl, luxury vinyl tiles, laminate, artificial grass and related products through a growing national logistics and distribution network.
