Likewise Group Plc · LSE:LIKE
Likewise — Investor Presentation (May 2024)
20 slides from Likewise's investor presentation, May 2024
Slide 1: Investor Presentation May 2024
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Slide 2: Product Development, Sales, Marketing and Distribution of Flooring to Independent Retailers and Contractors
Product Development, Sales, Marketing and Distribution of Flooring to Independent Retailers and Contractors ● 11 Distribution and Logistics Centres created with additional capacity ● 80 Suppliers across key flooring products ● 94 Customer focused Management and Sales Executives ● 139 Delivery trucks
Slide 3: FY2023 Highlights
● Sales Revenue increased 12.9% to £139.5 million (FY22: £123.6 million) ● Underlying EBITDA of £7.9 million (FY22: £6.6 million) ● Following further investment in the infrastructure Underlying Profit Before Tax of £2.3 million (FY22: £2.5 million) ● Proposed Final Dividend of 0.25 pence, an increas
Slide 4: UK floorcoverings market size and forecasts
UK floorcoverings market size and forecasts Main distribution channels for 2017 - 2026 by value (£m at msp) the UK floorcoverings market 2,500 6 4 Manufacturer/Importer 2,000 2 0 % Change Value - £m msp 1,500 -2 Wholesaler/Distributor -4 1,000 -6 500 -8 Contractor Independent Retailer Multiple Re
Slide 5: Board and organisation structure
BOARD Logistics Product GM Finance IT Sales Sudbury Leeds Birmingham Manchester Erith Derby Regional Finance Newport Newport Glasgow Newbury Newcastle Sidcup Sudbury
Slide 6: Likewise Management Team
Likewise Management Team PTT rerr Ty tt cy iy ey. woe ae eee ©. Ow OW WYN rey Ww Wo We ee D fo ih ty iy ba Ge da A tn in Cy wee ewe
Slide 7: Freehold - 50% of Total Capacity
Freehold - 50% of Total Capacity Glasgow Newcastle Leeds Manchester Birmingham Sudbury Sidcup Newbury Erith Derby Newport
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Slide 10: Logistics Network
Logistics Network e 51delivery vehicles providing a next day service 9 Valley Carpets Erith 70,000 Ft? Derby 52,000 Ft? Newport 35,750 Ft® y y Wholesale 10 Carpets Commercial Vehicles Location Trucks Vans Erith 26 1 Derby 19 2 Newport 2 1 47 4 rby Newport Erith Likewise pic
Slide 11: Capacity Utilisation and Capex by Site
60% Utilised Overall 90% Utilised Extra Capacity Capex Cutting Shift 1 Cutting Shift 2 Picking Investment (Last 2 Years) Glasgow c. £1.8m Newcastle - - c. £0.3m Leeds c. £1.5m Manchester - - c. £0.4m Birmingham c. £1.9m Newbury - - c. £0.2m Sidcup c. £0.2m - - Sudbury c. £0.1m - - Erith £20m (Net
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Slide 13: Displays & Market Presence
Displays & Market Presence s
Slide 14: Turnover by month
700 600 500 Turnover £,000 400 300 200 100 0 1 2 3 4 5 6 7 8 9 10 11 12 January February March April May June July August September October November December Figures shown calculated per working days
Slide 15: Residential
Residential Residential Scotland North East North Midlands South East London South Wales &
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Slide 18: Sustainability and Employee Wellbeing
● Company Cars 92% Electric / Hybrid - Increased from 86% since 2023 ● Commercial Vehicles Ongoing Investment 21 New Vehicles in 2023 25 New Vehicles in 2024 ● Recycling Packaging and Pole Recycling ● Carpet Recycling UK Core Funding Members ● Employee Wellbeing Promotion from Within, Recruitme
Slide 19: Investment Highlights
● Established Experienced Management and Sales Teams ● Product and Market Presence ● Logistics Infrastructure with Excess Capacity ● Improving Return On Sales and Investment ● Progressive Dividend Policy ● Many Opportunities to Surpass Original Target
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