Floorcoverings distributor Likewise Group plc has announced a growth in sales as it remains confident of achieving full year expectations.
According to an update in its AGM, the group said: “Year to date Total Group Revenue to 16 June has increased by 17.0% on a like for like basis, with June month to date 20.8% ahead.
“All of the projects previously reported in Glasgow, Leeds, Derby, Newport and East Midlands are on schedule to provide significantly more operational capacity for H2 26 and FY27.
“As previously announced, the Group has had a very positive start to the financial year, with Revenue growth outperforming original internal expectations. Given the widespread Global tension and uncertainty, H2 26 is very difficult to predict, but the Board remains confident in achieving market expectations for FY26.
“The Group is in a particularly exciting phase of development in its short history. The Board is creating a clear strategy for the next 5 years to continue to expand whilst also focused on improved operating margins.”
