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Likewise Group Plc ( (GB:LIKE) ) just unveiled an update.
Likewise Group Plc reported a 7.4% increase in sales revenue to £149.8 million for the year ending December 2024, driven by strategic investments in distribution hubs and logistics centers across the UK. The company is on track to reach £200 million in sales revenue, with monthly revenues consistently annualizing to £170 million. The acquisition of Valley Wholesale Carpets has significantly enhanced its market position, and ongoing investments in infrastructure and product development are expected to further boost growth and profitability.
More about Likewise Group Plc
Likewise Group Plc is a rapidly expanding UK-based flooring distributor. The company specializes in providing a range of flooring products and services, focusing on both residential and commercial sectors. It operates through multiple distribution and logistics centers across the UK, and its market presence is bolstered by strategic acquisitions and partnerships with leading flooring producers.
Average Trading Volume: 249,201
Technical Sentiment Signal: Buy
Current Market Cap: £47.19M
Find detailed analytics on LIKE stock on TipRanks’ Stock Analysis page.