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Likewise Group Plc ( (GB:LIKE) ) has shared an announcement.
Likewise Group Plc has announced the acquisition of a logistics centre in Ivybridge, near Plymouth, for £1.2 million, funded from internal cash reserves. This acquisition completes the company’s geographical coverage of the UK and supports business expansion in Devon and Cornwall. The Group reported a strong start to 2025, with an 8.4% increase in total sales revenue in January and a 13.6% rise for its branded businesses. Furthermore, extensive product launches and marketing initiatives are planned for the first half of the year, positioning Likewise to capitalize on opportunities within the UK flooring industry.
More about Likewise Group Plc
Likewise Group Plc is a rapidly expanding UK-based distributor specializing in flooring solutions. The company offers a broad range of flooring products and aims to enhance its market presence across the UK.
YTD Price Performance: 4.05%
Average Trading Volume: 277,608
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £47.28M
See more insights into LIKE stock on TipRanks’ Stock Analysis page.
