Flooring distributor Likewise has reported an uptick in full year sales as it looks to invest to drive further growth.

According to its latest trading update, the group said that total revenue for the year ended 31 December 2025 increased by 8.6% to £163.8m. Sales in Likewise Floors grew by 13.3%.

With the infrastructure established, the Group is well on target to achieve its original objective of £200m of sales. The Board is now considering various investment options to materially exceed that figure.

“Following a number of years with zero inflation, the Flooring Industry in the UK is experiencing price increases as we commence 2026 in Carpet, Residential Vinyl, Laminate, Luxury Vinyl Tile, Adhesives, Levelling Compounds and Commercial Products,” the group said. “Likewise is implementing these increases during January and February.

“Increased processing and operating capacity has been developed during 2025 with additional capacity being created in 2026. Glasgow is now contributing meaningful volumes to the Likewise Logistics Network and the new 5 metre wide Cutting Table has been installed in Leeds during the Christmas break to enable further efficiencies.

“Construction of the extension at Newport is on schedule to create an additional Distribution Hub for H2 2026. Cutting is also underway in the Derby Distribution Hub to expand the Valley Logistics Network. During 2025 the Group purchased 42 new and replacement delivery vehicles with the fleet increasing to at least 160 vehicles in 2026.”

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.”