Group revenue topped the £140m mark at floor coverings distributor Likewise Group during 2023.
In its trading update for the year, the listed company revealed that total group revenue increased by 13.6 per cent to £140.2m, with the Likewise Floors division experiencing a 29.1 per cent growth in sales.
Revenue growth was ahead of current market expectations while underlying profitability is expected to be in line with market expectations.
Tony Brewer, chief executive, said: “The board would like to thank our management and sales team for generating increasing volumes, and particularly our telesales, administration, warehouse, night teams and delivery drivers for their important contributions.”
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.
