Likewise bucks trend with record sales

Ambitious flooring group Likewise has reported a record revenue month for November, bucking the industry trend of sluggish Q4 sales.

The fast growing distributor told shareholders that November sales were up 13.3% to £14m and the group’s revenue for the eleven months to the end of November is up 13.3% year-on-year.

Within this result, the emerging Likewise Floors branded business increased 29%, reflecting excellent organic growth against what the company described as “challenging market conditions which are undoubtedly, adversely impacted by macro-economic head winds.”

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.

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Likewise Group plc (LON:LIKE), the fast growing UK floor coverings distributor, has announced that trading in October and November has been particularly positive, with like for like performance showing strong growth against the corresponding period last year. Total