Likewise Group has delivered another upbeat trading update, with sales growth accelerating and a flurry of infrastructure investments keeping the flooring distributor on track to comfortably exceed its £250m revenue target.
The group recently reported a 9% increase in 2025 revenues to £163m.
Like-for-like total group revenue is up 16.5% in the year to 31 May 2026, with May alone climbing 19.1% against the same month last year.
The AIM-listed group said order intake remains positive as it continues to take significant market share in the UK flooring distribution sector. This should encourage investors who may be slightly concerned about
Much of the momentum is being driven by capacity expansion. A second distribution hub in Leeds is now operational, the Newport extension is on schedule to come online in July, adding storage and cutting capacity, and the Valley business has stepped up cutting capacity in Derby.
Beyond that, legal due diligence is progressing on the freehold acquisition of a 60,000 sq ft high bay distribution hub in the East Midlands, in addition to the recently acquired Leeds freehold. The delivery fleet will also grow to more than 160 trucks during 2026.
Management said that with the existing infrastructure built up over the past five years, combined with the latest tranche of investment all due to complete by the end of 2026, the group will have the capacity to materially exceed £250m in sales.
Tony Brewer, Chief Executive of Likewise, said: “We are very proud of the excellent Management and Teams of people we have around the UK, who with the support of our Suppliers and Customers are building a really strong business.”
“We have a clear focus and strategy on what to achieve over the next five years and beyond. We very much appreciate the commitment and support of all stakeholders.”