UK floorcoverings distributor Likewise Group held its annual general meeting (AGM) recently and the company is reportedly pleased to announce a continuation of the “very positive” sales trajectory reported earlier in the year as it approaches the end of H1 25.
At the meeting, Tony Brewer, chief executive of Likewise, provided the following update to shareholders.
Total gross sales revenue to 26 June 2025 has increased by 10.0% against the corresponding period last year, with absolute like for like being slightly stronger due to one less working day this year.
The group with its two principal businesses, Likewise Floors and Valley Wholesale Carpets, continues to expand presence in flooring retailers and contractors through ever increasing point of sale displays, undoubtedly gaining market share despite what remains a subdued trading environment.
Likewise will release its interim results for the six-month period ended 30 June 2025 on 9 September 2025.
Tony Brewer, chief executive of Likewise Group plc, said:
“It is really encouraging to see the investments made in the last four years really starting to deliver meaningful improvements in sales and subsequent profitability. The group continues to make significant progress towards our medium-term objectives of sales revenue well in excess of £200 million.
“We have great teams of people in our various businesses and thank all our employees for their contributions as we look forward to an exciting future. Furthermore, we very much appreciate the continued support of suppliers, customers, shareholders and all stakeholders.”