Headlam rescue pays off as Likewise sales surge 36.7%

Flooring distributor Likewise Group expects full-year profits to be materially ahead of market forecasts after sales rose 36.7% in October.

The Birmingham-based business said sales are up 22.8% so far this year, and it now expects pre-tax profit of at least £6m for 2026.

The update follows its £14.9m acquisition of assets from collapsed rival Headlam last month. These include the 90,000 sq ft Thatcham distribution centre in Berkshire, premium carpet brand Crucial Trading, and the trad... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...