Likewise Group (LIKE) Trading update summary
Event summary combining transcript, slides, and related documents.
Trading update summary
2 Oct, 2026Trading performance
October and November like-for-like trading showed strong growth YoY; total sales revenue rose 11.0% over the two months, taking YTD growth to 7.5%.
Likewise Floors sales revenue increased 18.8% over the two months and 15.3% YTD.
November average daily sales were £704k, supporting progress toward sales revenue exceeding £200m.
Outlook
On track to meet current market expectations for FY ending 31 December 2024.
Rising sales revenue and gross margin in H2 2024 are beginning to deliver operational gearing and momentum toward 2025 objectives.
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Latest events from Likewise Group
- ~£30m raise backs logistics expansion and a £300m sales ambition.LIKE
Investor update - 2025 growth and a positive 2026 start underpin capacity-led ambitions beyond £200m.LIKEPre-close call
- Revenue rose 15.2% YoY as Leeds and Newport investments expand logistics capacity.LIKETrading update
- Revenue grew 6.2%, but higher interest costs pressured profit as growth investment continued.LIKEH1 2024
- FY24 revenue hit £150.8m as sales growth and capacity investment supported expansion.LIKETrading update
- Sales momentum and expanded capacity underpin the £200m revenue ambition.LIKEH2 2024
- Revenue rose 10.2%, underlying PBT 120%, and like-for-like sales stayed strong through August.LIKEH1 2025
- FY25 growth and 2026 trading momentum are backed by expanded capacity.LIKEH2 2025
- H1 revenue and margins rose as strong Q3 trading lifted FY26 profit expectations.LIKEH1 2026