Likewise Group (LIKE) Trading update summary
Event summary combining transcript, slides, and related documents.
Trading update summary
2 Oct, 2026Freehold purchase
Acquired a second distribution hub freehold in Leeds for £3.0m using existing banking facilities; expected to improve planning for incoming containers from the Far East and Europe and release capacity at other centres.
Trading update
Revenue for the 3 months to 31 March 2026 rose 15.2% YoY to £44.2m; April month-to-date showed a similar positive trend.
Newport extension remains on schedule to become operational in July 2026, adding storage and cutting capacity.
Leeds investment and Newport capacity support the strategy to grow sales revenue towards £250m; the Board is also considering further freehold projects to increase logistics capacity.
Increasing net assets, stronger balance-sheet support and backing from principal bankers underpin the freehold investments and confidence in future sales and profitability growth.
Results and investor presentation
Final results for the year ended 31 December 2025 are scheduled for 28 April 2026.
CEO Tony Brewer will give a live Investor Meet Company presentation on 28 April 2026 at 2:00 pm BST; existing and potential shareholders can attend and submit questions.
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.LIKE
Pre-close call - Revenue grew 6.2%, but higher interest costs pressured profit as growth investment continued.LIKE
H1 2024 - Sales growth and H2 operational gearing support FY 2024 expectations and 2025 momentum.LIKE
Trading update - FY24 revenue hit £150.8m as sales growth and capacity investment supported expansion.LIKE
Trading update - Sales momentum and expanded capacity underpin the £200m revenue ambition.LIKE
H2 2024 - Revenue rose 10.2%, underlying PBT 120%, and like-for-like sales stayed strong through August.LIKE
H1 2025 - FY25 growth and 2026 trading momentum are backed by expanded capacity.LIKE
H2 2025 - H1 revenue and margins rose as strong Q3 trading lifted FY26 profit expectations.LIKE
H1 2026