Likewise Group Revenue Climbs 8.6% to £163.8M in 2025

Key Financial Highlights

Likewise Group plc (AIM:LIKE) announced an 8.6% increase in total group revenue to £163.8 million for the year ended December 31, 2025. The company's Likewise Floors division showed even stronger performance, with sales growing by 13.3%.

Operational Expansion and Market Conditions

The UK flooring distributor is on track to meet its £200 million sales target, supported by significant operational expansion. This includes increased capacity in Glasgow and Leeds and a new distribution hub in Newport scheduled for the second half of 2026. The company is also implementing industry-wide price increases across multiple product categories in early 2026.

Profitability and Future Growth

Management expressed confidence in meeting market expectations for FY25 pre-tax profit, with further meaningful growth anticipated in FY26. Strategic investments in its delivery fleet, which is set to exceed 160 vehicles, and an expanded sales team of 102 professionals underpin this positive outlook.

Summary

Likewise Group is demonstrating robust growth through strategic expansion and is capitalizing on favorable market conditions with price increases. The company is on a clear path to exceed its revenue goals while focusing on improving operating margins to fund further investment in people and infrastructure.

FAQ

Q: What was Likewise Group's total revenue growth in 2025?
A: The company reported an 8.6% increase in total revenue, reaching £163.8 million.

Q: How is the company addressing market changes?
A: Likewise is implementing industry-wide price increases in early 2026 and expanding its infrastructure to support higher sales volumes and improve logistics.

Source: Investing.com