Flooring distributor Likewise has reported continued momentum in sales as it begins the construction of its new distribution hub.

According to its latest trading update for the, the group said that revenue has continued to increase in H2 by 7.4%, with a new record month in October resulting in year-to-date sales increasing by 8.9%.

Likewise Floors continues an “impressive trajectory” with sales increasing by 13.3% in the year to the end of October. “This has all been achieved in what would still be considered challenging markets, compounded by the hottest summer on record and demonstrates consistent increases in share over the last five years,” the group said.

“Due to increased costs and an imbalance in the revenue increases across the Group’s various activities, Underlying Profit Before Tax will fall short of current market forecasts, however the Group will produce Profit significantly ahead of previous years, notwithstanding absorbing the additional National Insurance Contribution costs.

“The Group is still well on course to achieve its medium term objectives including growth in both Sales Revenue and Profitability in 2026.”

Likewise added that construction has now commenced to create its Newport Distribution Hub, which will be operational at the end of Q2 2026.

Tony Brewer, Chief Executive of Likewise Group plc, added: “We continue to develop our businesses at an impressive rate thanks to the very important commitment from our management and staff with the fantastic support of our suppliers and customers. The Board thanks all involved for their ongoing contribution.

“We are absolutely focussed on improving the performance of the Group to allow meaningful investment for the long term benefit of all stakeholders.”