Likewise Group Plc (GB:LIKE) has released an update.
Likewise Group Plc, a rapidly expanding UK floor coverings distributor, has reported a 8.5% increase in gross sales revenue for the first half of 2024, with its branded businesses and floors up by 14.6% and 19.7%, respectively. Despite challenging market conditions, the company remains optimistic about further growth in the second half of the year, supported by its investment in sales and marketing, and a reinforced logistics infrastructure. The board recommends a final dividend of 0.25 pence for 2023, expressing gratitude towards the company’s stakeholders for their support.
For further insights into GB:LIKE stock, check out TipRanks’ Stock Analysis page.