Likewise Group plc (LON:LIKE), the fast growing UK floor coverings distributor, is holding its Annual General Meeting tomorrow morning and will announce further positive progress as the Group continues to gain market share.
At the meeting, Tony Brewer, Chief Executive of Likewise Group, will provide the following update to shareholders.
AGM Statement
Overall Gross Sales Revenue has increased by 8.5% in the first six months to 18 June 2024 with Sales in the Likewise Branded businesses increasing by 14.6% and individually Likewise Floors alone, increasing by 19.7% compared to the corresponding period in 2023.
Whilst market conditions remain challenging, the Group is confident in further overall Sales increases in the traditionally busier H2.