Likewise Group plc has announced that total group revenue for the year ended 31 December 2025 increased by 8.6% to £163.8 million. Sales in Likewise Floors grew by 13.3%.
With the infrastructure established, the group says it is well on target to achieve its original objective of £200m sales revenue. The board is now considering various investment options to materially exceed that figure.
Following a number of years with zero inflation, Likewise says, the business will be implementing increases across its ranges throughout January and February. The group is on track to achieve current market expectations of profit before tax for FY25 with further meaningful growth in profitability anticipated in FY26.
Tony Brewer, Chief Executive of Likewise, said: “The group continues to invest in excellent people and increasing operational capacity to create the future prosperity of the business and to exceed £200 million sales revenue.
“The aforementioned price increases are really important to Likewise and the flooring industry as a whole. We need to improve operating margins to enable investment in our people and infrastructure which will provide an exciting future for all involved. Many thanks to all our management and staff, suppliers and customers, shareholders and all stakeholders for their ongoing support.”
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