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Likewise Group reports trong revenue growth in, expands market presence

Floor coverings distributor Likewise Group has reported a positive start to 2024 with revenues increasing. 

The listed company said revenues rose by 11.5 per cent to £22.8m in the first two months of 2024, when compared with the same period of the prior year. 

Meanwhile, sales in Likewise Branded have increased by 20.1 per cent to £15.4m, with average daily sales jumping by 14.5 per cent.

The trading update added that the group continued to invest and increase its market presence, recruiting 11 additional sales executives for its teams in 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.

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