Likewise Floor’s sales surged by more than 29% in the 12 months to December 31 2023, thanks to a major investment in the group’s logistics capacity.
In its trading update for the year, the fast-growing UK floor coverings distributor Likewise Group plc announced that total group revenue increased by 13.6% to £140.2 million, with the Likewise Floors division experiencing a 29.1% growth in sales.
The update noted that the increases were “particularly positive” given the “macro-economic headwinds and subsequent challenging market conditions”.
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.
