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Likewise Group (LIKE) Trading update summary

Event summary combining transcript, slides, and related documents.

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Trading update summary

2 Oct, 2026

Freehold 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.

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