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The latest announcement is out from Likewise Group Plc ( (GB:LIKE) ).
Likewise Group Plc reported a total group revenue of £150.8 million for the fiscal year ending December 2024, marking a 7.5% increase. The company plans to expand its logistics network and increase processing capacity by 35% in Glasgow, Derby, and Newport. Additionally, Likewise launched a share buyback program, using up to £200,000 of its cash resources, aimed at enhancing shareholder value. The acquisition of a logistics center near Plymouth and planned expansions in Newport are set to further strengthen its market presence in the UK.
More about Likewise Group Plc
Likewise Group Plc is a rapidly growing UK distributor specializing in floor coverings. The company serves a diverse market, focusing on enhancing its logistics and sales capabilities to support its expanding operations across the country.
YTD Price Performance: 2.70%
Average Trading Volume: 580,920
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £46.16M
Learn more about LIKE stock on TipRanks’ Stock Analysis page.
