Flooring distributor Likewise Group plc has announced a positive start to 2024 with sales revenue to the end of February increasing by 11.5% to £22.8m compared with the corresponding period last year.
Sales in Likewise Branded businesses have increased by 20.1% to £15.4 million, with average daily sales increasing by 14.5%, with early trends “positive” as the Board remains confident in meeting market expectations for 2024.
The Group has continued to invest and increase its market presence with 11 additional executives being recruited recently to enlarge the Sales Teams throughout the UK. This includes Scotland, North West England, The Midlands, South Wales, South West England, London and the South East.
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.