Likewise Group plc (LON:LIKE), the fast growing UK floor coverings distributor, has announced that it will release its interim results for the six-month period ended 30 June 2024 on 30 September 2024.
Likewise Group to release its interim results on 30 September 2024
- Written by: Amilia Stone
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Likewise Group expects full-year underlying profit before tax of at least £5m after strong sales growth, while its £14.9m Headlam asset acquisition expands distribution capacity ahead of an expected earnings contribution in 2027.
Likewise Group accelerates its £300m revenue ambitions following a major Headlam asset acquisition, with Zeus highlighting growth opportunities.
Likewise Group has acquired Headlam's Thatcham distribution centre, Crucial Trading and Concept Floors for £14.9 million, strengthening its UK distribution network and supporting its £300 million medium-term revenue target.
Likewise Group has raised its longer-term revenue target to £300 million after first-half revenue increased 15.4% and underlying profit before tax rose 79.5%, with further logistics investment supporting its expansion plans.
Likewise Group’s H1 2026 revenue rose 15.4% to £89.9m, while underlying profit before tax increased 79.5% to £1.32m. Strong Q3 trading has prompted the group to expect FY2026 underlying PBT of at least £5m, materially ahead of market expectations.
UK manufacturing output rose 0.9% in July, beating expectations, while broader industrial production also returned to growth.
