Likewise Group boosts its annual profit forecast following a 36.7% surge in October sales, lifting year-to-date revenue growth to 22.8%. The company attributes the rise to strong demand in its core markets. Analysts highlight the performance as a key driver for investor confidence in the financial year.
Likewise Group projects FY2026 profits of at least £6 million, exceeding market forecasts, following a 36.7% month-on-month revenue increase in October. The company cites sustained sales growth as the driver behind its revised outlook. October’s revenue surge builds on earlier momentum in 2026, reinforcing its financial performance trajectory.
Gateley advises Likewise Group on the £14.9 million acquisition of flooring assets from Headlam Group and HFD Limited, both of which entered administration. The deal expands Likewise Group’s portfolio in the flooring sector. The transaction is structured as a purchase of selected assets rather than a full company acquisition.
Likewise Group’s stock rises 6.58% following the acquisition of Headlam, boosting its UK floorcoverings market position. The company reports a 15.4% revenue increase to £89.9 million in the first half of 2026, alongside a 79.5% jump in underlying profit before tax to £1.32 million. Operating cash flow reaches £4.11 million, reflecting stronger financial performance.
