Likewise Group plc (LON:LIKE), the fast growing UK floor coverings distributor, has announced it will release its Final Results for the year ended 31 December 2023 on 20 May 2024.
Likewise Group to publish FY23 results on 20 May 2024
- Written by: Amilia Stone
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Likewise Group has posted a 10.2% increase in sales revenue to £77.9 million for the six months to 30 June 2025, with Likewise Branded sales up 14.1%. Underlying profit before tax rose 120% to £0.74 million, while operating cash flow reached £5.2 million.
Likewise Group has received planning permission to extend its Newport warehouse by 20,000 sq ft, creating a 55,000 sq ft distribution hub. The development will be funded through internal cash flow.
Likewise Group has secured approximately £1.4 million through a subscription of 5.5 million new shares by Onward Opportunities. The funding will be used to accelerate future growth initiatives, with shares admitted to trading on AIM from 11 August 2025.
Likewise Group pushes deeper into retail and contractor channels, underpinned by a rising sales run rate and fresh logistics investment as it steadies towards its medium-term ambitions.
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 plc announces strong financial results for FY24, highlighting a 7.4% sales increase and strategic investments driving growth and profitability.
