Likewise sees 2023 sales jump

Flooring distributor Likewise has seen sales grow by almost a fifth in the first four months of this year.

The group has seen turnover jump by 17.8%.

This comes after like for like growth of 25.7% in 2022, and fuelled by acquisitions, total growth of 104.4% to £123.6m.

Continuing expansion and the cost of POS and sampling sale pre-tax losses increase from £200,000 to £1.3m.

‘The group has made a positive start to the first four months of 2023 and in market conditions which continue to be challenging, has undoubtedly gained market share. This has been achieved through continually increasing market presence and the success of our experienced sales teams throughout the UK, supported by the logistics infrastructure being established.

We continue to be very optimistic in achieving our medium-term objectives,’ says Tony Brewer, Likewise Group chief executive.

LikewiseRadial Park Bham

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