Likewise raises sales target to £300m as turnover jumps 15%

Floor coverings distributor Likewise Group has raised its medium-term sales target from £200m to £300m, after turnover rose 15.4% to £89.9m in the first half of the year.

The Birmingham-based group, which posted turnover of £77.9m in the same period last year, said it now expects full-year results to come in ahead of market expectations. Sales grew 29.1% in the third quarter, and Likewise still expects to reach its original £200m revenue target within 2026.

Underlying EBITDA rose 1... 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...