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Likewise Group – argues “on track to deliver current market expectations”, but why are those expectations that dare not speak their name?

By Steve Moore | Wednesday 8 January 2025


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Describing itself as a “fast growing UK floor coverings distributor”, Likewise Group (LIKE) has issued a “Trading Update and Launch of Share Buyback” announcement including that it “is very pleased to announce that total group revenue for the year ended 31 December 2024 was £150.8 million”. From a currently up towards 20p share price, how ‘pleasing’ is the announcement?
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