Likewise Group Plc

LIKE

GB00BHNWH003

Home Furnishings Retailers

Market Closed - London S.E. Other stock markets 11:35:09 2024-05-08 EDT			5-day change	1st Jan Change
16 ^GBX	0.00%		0.00%	-14.44%

03-06	The FTSE 100 Closed Up 0.4% as U.K. Announces Spring Budget Tax Cuts	DJ
03-06	Likewise shares rise as announces sales growth and opportunities ahead	AN

Likewise pays GBP3.9 million to vendors of Valley Wholesale

January 17, 2024 at 11:32 am

Likewise Group PLC - Birmingham, England-based domestic and commercial floor coverings distributor - Pays GBP3.9 million consideration to vendors of Valley Wholesale Carpets (2004) Ltd under the terms of its acquisition of the latter for a total GBP30 million in December 2021. No further payments are owed to the vendors of Valley Wholseale, while the payment was funded from Likewise's current cash resources. Chief Executive Officer Tony Brewer says: "Valley has been an excellent acquisition with the quality of assets acquired plus the positive impact to group profitability and operating cash flow...Whilst very early in the year, trading has commenced positively, and the Likewise Group is extremely well positioned to accelerate growth during 2024."

Current stock price: 22.50 pence, flat

12-month change: up 9.8%

By Greg Rosenvinge, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	BIST 30	11,128 PTS	-1.12%	+2.02%	-
	LIKEWISE GROUP PLC	16 GBX	0.00%	0.00%	49.17M

Latest news about Likewise Group Plc

The FTSE 100 Closed Up 0.4% as U.K. Announces Spring Budget Tax Cuts	03-06	DJ
Likewise shares rise as announces sales growth and opportunities ahead	03-06	AN
Likewise pays GBP3.9 million to vendors of Valley Wholesale	01-17	AN
Likewise Group Settles GBP4 Million Contingent Consideration in Valley Wholesale Carpets Deal	01-17	MT
FTSE 100 Index Closes Up 0.5% Boosted by Oil Stocks	01-04	DJ
Likewise shares up after strong sales in late 2023; plans UK expansion	01-04	AN
AIM WINNERS & LOSERS: Angle soars on clinical tests; Likewise sales up	01-04	AN
Likewise Group plc Provides Sales Results for the Year Ended 31 December 2023	01-04	CI
FTSE 100 Closes Wednesday Up as Basic Resources Sector Bounces Back	12-06	DJ
Likewise reports on "record" month as revenue jumps	12-06	AN
Likewise Group plc Provides Sales Guidance for the Year 2024	12-06	CI
Likewise Group plc Announces Sales Results for the Month of November 2023	12-06	CI
FTSE 100 Closes Up, Capping off a Positive Quarter	23-09-29	DJ
EARNINGS: Personal Group trading "robust"; Parity loss widens	23-09-29	AN
Earnings Flash (LIKE.L) LIKEWISE GROUP Posts H1 Loss GBX-0.18	23-09-29	MT
Earnings Flash (LIKE.L) LIKEWISE GROUP Posts H1 Revenue GBP66.6M	23-09-29	MT
Likewise Group Plc Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-29	CI
Stocks tentatively higher after rough week	23-09-29	AN
Certain Ordinary Shares of Likewise Group plc are subject to a Lock-Up Agreement Ending on 18-AUG-2023.	23-08-17	CI
Anpario trading in line, Likewise Group sales rise	23-06-29	AN
FTSE 100 Stumbles as Utility Sector Drops on Fears Over Thames Water	23-06-29	DJ
Likewise Group Plc Approves Interim Dividend	23-06-29	CI
Likewise Group hails trading in line with expectations	23-05-30	AN
FTSE 100 Closes Down Dragged by Oil Stocks; Vodafone Slips	23-05-16	DJ
Likewise widens annual loss despite doubling revenue; maintains payout	23-05-16	AN

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Company Profile

Likewise Group Plc is a United Kingdom-based floor covering distributor. The principal activity of the Company is the wholesale distribution of floor coverings and associated products. Its brands include Likewise Matting, Dandy, Bruce Starke, Marquee Floors, Lewis Abbott, Factory Flooring, H&V Carpets, Likewise South East, Likewise Scotland, Likewise North East, Likewise North, Likewise Midlands, A&A, Valley Wholesale Carpets, Likewise South, Likewise London, and Delta. The Company operates from the national distribution hubs in Leeds and Birmingham, a national distribution center in Sudbury, a regional distribution center in Manchester, and three smaller regional logistics centers in Glasgow, Newcastle, and Peckham, as well as the operations of H&V BVBA in Belgium. The Companyâs wholly owned subsidiaries include Likewise Trading Limited, William Armes Holdings Limited, Likewise Floors Limited, A&A Carpets Limited, H&V Carpets BVBA, and Likewise Limited.

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Home Furnishings Retailers

Calendar

2024-05-20 - Q4 2023 Earnings Release

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