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LATEST NEWS


            Likewise reports ‘strong 2025 results, impressive start to 2026’

                AST-growing’ flooring distributor   with sales up 15% in the first quarter   particularly positive trend in the first four
            ‘FLIKEWISE GROUP made further        and April sales maintaining similar   months.
            progress towards its £200m turnover   momentum.                           ‘Global uncertainty makes the future
            target in 2025, its audited final results   The year saw gross margin    months very difficult to predict, however
            reveal.                              improvement of 0.4% to 31.1%, up from   with longstanding supplier relationships,
              Sales increased by 9% to £163.1m from   30.7% in 2024, with underlying profit   experienced supply chain management
            £149.8m, in the year to 31 December   before tax rising 56% to £3.1m from £2m.  and a robust balance sheet, Likewise is
            2025.                                 Tony Brewer, chief executive of    in a strong position to continue making
              And the Birmingham-based business   Likewise Group, said: ‘The group has   significant gains in market share.’
            says it’s recorded a flying start to 2026,   made an excellent start to the year with a   He said the additional hub in Leeds,
                                                                                               combined with the extension
                                                                                               in Newport and cutting
                                                                                               capacity in Derby, provide
                                                                                               operational headroom for
                                                                                               the group to achieve its 2026
                                                                                               and 2027 targets.
                                                                                                ‘Therefore in the medium
                                                                                               term, the board is confident
                                                                                               in achieving our objectives,
                                                                                               which will include further
                                                                                               investment to materially
                                                                                               increase our operational
                                                                                               capabilities combined with
                                                                                               strategically enlarging
                                                                                               our sales teams to take
                                                                                               advantage of market
                                                                                               opportunities.’ 
                                                                                                www.likewisefloors.co.uk




                                            THE FLOORING INDUSTRY'S

                                           MOST CELEBRATED AWARDS













                                                                      FLOORING
                                                                      INDUSTRY
                                                                      AWARDS
                                                                      2026


                                          Friday 11 September


                                                 NCC, Birmingham




                             To attend this prestigious event, please contact John Miller:
                                         john.miller@kick-startpublishing.co.uk

                                                        01892 752400



            www.contractflooringjournal.co.uk                                                                          31
            @CFJMagazine                                                                                    CFJ July 2026
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