Floorcoverings distributor Likewise Group (LON: LIKE) continues to grow market share on the back of rising revenues despite the decline in its underlying markets. Consumer markets remain tough, but Likewise is showing no signs of decline.
Revenues were 8% ahead in January, following a 10% year-on-year improvement in the fourth quarter. Full year revenues of £150.8m for 2024 were 3% ahead of forecast and 8% higher than the previous year. The market may have fallen by as much as 10% last year. The overall market is worth less than in 2019.
Solihull-based Likewise has been built up v...
