UK manufacturers signal growth as sector adapts to shifting demand

UK manufacturers are entering the next year with a more confident outlook, as around two thirds of businesses expect to grow. This signals a sector that has adjusted to recent disruption and is now positioning for more stable demand conditions.

Companies have continued to manage cost pressures while refining operations, with many improving efficiency and maintaining output despite a challenging backdrop.

A key driver of this optimism is the expected increase in defence spending. Industry voices are urging manufacturers to align with this opportunity, as higher government budgets are likely to translate into stronger demand across defence supply chains. Businesses with relevant capabilities, particularly in engineering and specialist manufacturing, may benefit from more consistent order flow.

Likewise Group PLC (LON:LIKE) is a distributor of floorcoverings and matting and has the opportunity to consolidate the domestic and commercial floorcovering markets to become one of the UK’s largest distributors in this sector.

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

Latest Company News

Likewise Group CEO discusses fundraising, capacity growth and revenue ambitions

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 expands retail offer to raise up to £4.0 million

Likewise Group has increased its retail offer after strong demand, with gross proceeds now expected to reach up to £4.0 million.

Likewise targets £29.2m raise to expand distribution capacity

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.

Likewise Group plc Fundraising Unlocks the Next Stage of Expansion (video)

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

Likewise Group launches £2 million retail share offer

Likewise Group has opened a retail offer for existing UK shareholders, seeking to raise up to £2 million through new shares priced at 28.5 pence each. The offer closes on 4 August 2026, with admission expected on 17 August 2026.

Likewise Group proposes £29.2m fundraising to support Corby distribution hub

The flooring distributor plans to raise up to approximately £29.2 million at 28.5 pence per share, partly funding the proposed £9.5 million acquisition of a new 60,000 sq. ft. distribution facility in Corby.

Search