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 has been shortlisted for two AIM Awards as it strengthens its balance sheet, expands distribution capacity and advances plans for further UK growth.
Likewise Group plc has exchanged contracts to buy a new Corby distribution hub, with completion expected on 21 August 2026.
Likewise Group has raised approximately £32.5 million through its Placing, Subscription and oversubscribed Retail Offer, with the Retail Offer contributing around £4.0 million. Admission of the new shares is expected on 17 August 2026, subject to shareholder approval.
CEO Tony Brewer outlines the Group’s successful fundraising, new Corby distribution hub, increased cutting capacity, positive trading and plans to grow revenue towards £300 million and beyond.
Likewise Group has increased its retail offer after strong demand, with gross proceeds now expected to reach up to £4.0 million.
Likewise Group plans to raise up to £29.2 million to acquire a Corby distribution hub and expand the infrastructure supporting its long-term growth.
