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IN BRIEF: Likewise touts "positive" trading in October and November

6th Dec 2024 11:56

Likewise Group PLC - Birmingham, England-based floor coverings distributor - Says October and November trading has been "particularly positive", with total sales revenue for the two-month period increasing 11%. This takes the year-to-date sales revenue growth to 7.5%. It says revenue in its Floors division increased nearly 19% in October and November, and 15% in the year-to-date. Average daily sales in November were GBP704,000. The group targets sales in excess of GBP200 million in the long-term.

Likewise "remains on track" to deliver on current market expectations for 2024, though it did not on Friday outline what it believed these to be.

Current stock price: 17.25 pence, up 11% in London on Friday morning

12-month change: down 4.2%

By Emily Parsons, Alliance News reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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