Floor coverings distributor Likewise Group has seen sales revenues rise by 11.5% to £22.8 million in the first two months of 2024.
The positive start to the year for the Birmingham-based group includes average daily sales increasing by 6.5%. Meanwhile, sales in Likewise Branded have increased by 20.1% to £15.4 m, with average daily sales increasing by 14.5%.
The latest figures, which were compared with the same period last year, came in a Likewise Group trading update for the first two months of 2024. The update announced the board’s continuing confidence at meeting market expectations for the year.
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.