Likewise Group Plc · LSE:LIKE

Likewise — Investor Presentation (February 2023)

61 slides from Likewise's investor presentation, Feb 17, 2023

  1. Slide 1: Investor Presentation 17 February 2023

    INVESTOR PRESENTATION 17 FEBRUARY 2023

  2. Slide 2: ●    ­ €   ‚  ƒ „  ‚

    ●    ­ €   ‚  ƒ „  ‚  ‚ ­ ­  ‚ ­ ‚    ‚  † ‚  ­  ­   „ ‚     ‡ ●   ‚    ­   „ ­ ƒ‚   ˆ‰ „ ­ ‚ €  Š‹ ‚ ƒ „ €  ŠˆŒƒ ­ €  Ž‘  „ €  Ž‘ ‚’ ‚  „ €‚  ‘ „ “    ” ­ €• Ž ­   „   ƒ ƒ ‚   „ €‡     „ „ ­ „ ­  „    „ 

  3. Slide 3: Total sales revenue increased by 103.9% to £124.4 million

    ’œ™‰œ™ “ ● TOTAL SALES REVENUE INCREASED BY 103.9% TO £124.4 MILLION - Q4 INCREASE OF 107.0% ● LIKE FOR LIKE SALES INCREASED BY 25.7% FOR THE FULL YEAR - Q4 26.6% ● LOGISTICS NETWORK CONTINUES TO DEVELOP ● SALES TEAMS WELL ESTABLISHED AND FOCUSED ON IMPROVING R O I ● MARKET PRESENCE INCREASING ● VAL

  4. Slide 4: UK floorcoverings market size and forecasts

    UK FLOORCOVERINGS MARKET SIZE AND FORECASTS MAIN DISTRIBUTION CHANNELS FOR 2015 - 2024 BY VALUE (£M AT MSP) THE UK FLOORCOVERINGS MARKET 2,500 6 Manufacturer/Importer 4 2,250 2 2,000 0 % Change Value - £m msp Wholesaler/Distributor -2 1,750 -4 1,500 -6 -8 Contractor Independent Retailer Multiple Ret

  5. Slide 5: •““ ‰§Œ‰ ‘ ‘•¦ £ œ¦ ‘ Š ™‘ Ž “œ Œ‘ ‰“‰œŒ“ ‘™

    •““ ‰§Œ‰ ‘ ‘•¦ £ œ¦ ‘ Š ™‘ Ž “œ Œ‘ ‰“‰œŒ“ ‘™ ‘‰™ ” œ¦ ●  ™ ‹ Ž ‰Œ ‹ ¥ Ž ™‘ œ¦”• ‰“‰œŒ“ Ž ¥ €ƒ ‘™ ‹ ¥  Ž ¥ “œ Œ‘ „€ ƒ  ‘•¦ Ž¥ Š ¥€ ­†­„ † œ¦ ‘ ¥  œ¦ Ž¥ ‘‰™ ” ¥ ‚ƒ  ­€‚ ­ƒ ‰Œ ¥ ™ Ž ¥ œ¦”• Ž Ž¥ “¡ ¥

  6. Slide 6: Likewise Old Site Dewsbury

    Likewise otp site DewsBuRY

  7. Slide 7: Likewise Delta Leeds Factory

    Likewise DELIA (FE LEEDS ; FACTORY

  8. Slide 8: Likewise Delta Leeds Factory

    Like DELTA (FF LEEDS FACTORY

  9. Slide 9: Floors

    Floors Likewise DELIA ) Amember of FACTORY FLOORING

  10. Slide 10: Scotland

    LikeWISe oLDsITESCOTLAND «0

  11. Slide 11: Scotland

    LikewiSe NeWsITESCOTLAND

  12. Slide 12: Scotland

    LikewiSe NeWsITESCOTLAND

  13. Slide 13: Scotland

    LikewiSe NeWsITESCOTLAND Scotland

  14. Slide 14: North East

    LIKEWISE NewcasrTLe 7 North East

  15. Slide 15: North East

    Lu — kK Y < O = Lu Zz o® & a7) 3 a s S Zz Likew

  16. Slide 16: North East

    LiIkKeWISeE NEWCASTLE North East

  17. Slide 17: North East

    LIKEWISE Newcastle North East QUANTUM MATTING SUPPLIED & FITTED BY QUANTUM

  18. Slide 18: Likewise Birmingham

    Likewise © BIRMINGHAM

  19. Slide 19: Birmingham

    - = O BIRMINGHAM ® Ae =~ “See

  20. Slide 20: Birmingham

    20 BIRMINGHAM kewise L Wy WRUSIT ADM aya nay 1800d000000000 fn)

  21. Slide 21: Likewise Birmingham

    Likewise BIRMINGHAM 2

  22. Slide 22: South

    Likewise NEWBURY 2 — — = —— —— = = — = 1 “os ——_———_—_——— = |ikewise ===

  23. Slide 23: South: Likewise Newbury

    Likewise NEWBURY 2s

  24. Slide 24: South: Likewise Newbury

    Likewise NEWBURY 2s

  25. Slide 25: London: Old Site Peckham

    Li kewise OLD SITE PECKHAM os London

  26. Slide 26: London: New Site Sidcup

    LI kewise NEW SITE SIDCUP 7 oe rl

  27. Slide 27: New Site Sidcup

    NEW SITE SIDCUP 27

  28. Slide 28: South East

    Likewise Li kewise SUDBURY 2s Rugs&Matting South East

  29. Slide 29: Likewise Sudbury

    Likewise SUDBURY

  30. Slide 30: Likewise Sudbury

    Likewise SUDBURY Rugs&Matting

  31. Slide 31: South East: Sudbury

    Likewise Li kewise SUDBURY ,

  32. Slide 32: •““ ‰§Œ‰ ‘ ‘•¦ £ œ¦ ‘ Š ™‘ Ž “œ Œ‘ ‰“‰œŒ“ ‘™

    •““ ‰§Œ‰ ‘ ‘•¦ £ œ¦ ‘ Š ™‘ Ž “œ Œ‘ ‰“‰œŒ“ ‘™ ‘‰™ ” œ¦ ●  ™ ‹ Ž ‰Œ ‹ ¥ Ž ™‘ œ¦”• ‰“‰œŒ“ Ž ¥ €ƒ ‘™ ‹ ¥  Ž ¥ “œ Œ‘ ‘•¦ Ž¥ Š ¥€ ­†­„ † œ¦ ‘ ¥  œ¦ Ž¥ ‘‰™ ” ¥  ­€‚ ‰Œ ¥ ™ Ž ¥ œ¦”• Ž Ž¥ “¡ ¥

  33. Slide 33: & “œ Œ‘

    & “œ Œ‘

  34. Slide 34: Current Site Manchester

    CURRENT SITE MANCHESTER

  35. Slide 35: Valley Wholesale Erith

    Valley y Wholesale ERITH 3s yyy”

  36. Slide 36: Valley Wholesale Erith

    YY Wholesale ERITH 36 e

  37. Slide 37: Valley Wholesale Erith

    Valley y Wholesale ERITH 37 s

  38. Slide 38: ‰Œ

    ‰Œ

  39. Slide 39: Valley Wholesale Erith

    YY Wholesale ERITH 30 ets

  40. Slide 40: Valley Wholesale Derby

    Valley y Wholesale PERBY Carpets

  41. Slide 41: Valley Wholesale Derby

    Valley YY Wholesale DERBY Carpets

  42. Slide 42: ™

    ™

  43. Slide 43: Derby

    43 DERBY Valley Wholesale Carpets

  44. Slide 44: ™

    ™

  45. Slide 45: Valley Wholesale Derby

    Valley Wholesale DERBY as Carpets

  46. Slide 46: Valley Wholesale Newport

    Valley AD wiclessle NEWPORT

  47. Slide 47: Valley Wholesale Newport

    Valley A Wwnctessle NEWPORT

  48. Slide 48: •““ ‰§Œ‰ ‘ ‘•¦ £ œ¦ ‘ Š ™‘ Ž “œ Œ‘ ‰“‰œŒ“ ‘™

    •““ ‰§Œ‰ ‘ ‘•¦ £ œ¦ ‘ Š ™‘ Ž “œ Œ‘ ‰“‰œŒ“ ‘™ ‘‰™ ” œ¦ ● ™ ‹ Ž ‰Œ Ž ‰Œ ¥ œ¦”• ™ Ž ¥ œ¦”• Ž Ž¥ ™‘ ‹ ¥ ‰“‰œŒ“ Ž ¥  ‘™ ‹ ¥ “œ Œ‘ Ž ¥ ‚ƒ ­ƒ ‘•¦ Ž¥ Š ¥€ œ¦ ‘ ¥ œ¦ Ž¥ ‘‰™ ” ¥ “¡ ¥

  49. Slide 49: Site openings timeline and setup costs

    ● LEEDS JANUARY 2021 RACKING ● BIRMINGHAM JULY 2021 ● NEWCASTLE JANUARY 2022 CUTTING TABLE ● NEWBURY JULY 2022 OFFICES ● DERBY H2 2022 INFRASTRUCTURE AND ● NEWPORT NOVEMBER 2022 ESTABLISHMENT ● SIDCUP JANUARY 2023 RENT AND RATES ● GLASGOW APRIL 2023 STOCK ● MANCHESTER 2023

  50. Slide 50: •““ ‰§Œ‰ ‘ ‘•¦ £ œ¦ ‘ Š ™‘ Ž “œ Œ‘ ‰“‰œŒ“ ‘™

    •““ ‰§Œ‰ ‘ ‘•¦ £ œ¦ ‘ Š ™‘ Ž “œ Œ‘ ‰“‰œŒ“ ‘™ ‘‰™ ” œ¦ ●  ™ ‹ Ž ‰Œ ‹ ¥ Ž ™‘ œ¦”• ‰“‰œŒ“ Ž ¥ €ƒ ‘™ ‹ ¥  Ž ¥ “œ Œ‘ „€ ƒ  ‘•¦ Ž¥ Š ¥€ ­†­„ † œ¦ ‘ ¥  œ¦ Ž¥ ‘‰™ ” ¥ ‚ƒ  ­€‚ ­ƒ ‰Œ ¥ ™ Ž ¥ œ¦”• Ž Ž¥ “¡ ¥

  51. Slide 51: Residential by region

    RESIDENTIAL RESIDENTIAL Scotland North East North Midlands South East London &

  52. Slide 52: ● •œ•‰œ ‰“œ•¨”‰œ ™‘‘”•”‰‘¡•Œ™§•”“œ•Œ•” ¨”‰œ ™ ‘•“‘””• ‘‘ œ™ “œ“œ ¨œ ‰œœ œ‘ Ž

    ● •œ•‰œ ‰“œ•¨”‰œ ™‘‘”•”‰‘¡•Œ™§•”“œ•Œ•” ¨”‰œ ™ ‘•“‘””• ‘‘ œ™ “œ“œ ¨œ ‰œœ œ‘ Ž ’ ’ Š ’ ’ ‹ Š ’ ‹ Š ’ ’ ’ ’ £ ’ ’ - ‹ Š - £ - ‡ˆ

  53. Slide 53: Turnover £,000

     140 600,000 120 500,000 100 400,000 Turnover £,000 80 Total 300,000 60 200,000 40 100,000 20 0 0 Jan-20 Mar-20 May-20 Jul-20 Sep-20 Nov-20 Jan-21 Mar-21 May-21 Jul-21 Sep-21 Nov-21 Jan-22 Mar-22 May-22 Jul-22 Sep-22 Nov-22 Dec-22 Group Sales Figures shown calculated per working days

  54. Slide 54: Displays and market presence

    DISPLAYS AND MARKET PRESENCE 54 . ee ses

  55. Slide 55: Wall unit displays 2022 - distribution

    WALL UNIT DISPLAYS 2022 - DISTRIBUTION 55 Derry

  56. Slide 56: Lectern displays 2022 - distribution

    LECTERN DISPLAYS 2022 - DISTRIBUTION 56 Derry Lille

  57. Slide 57: Processed orders and best business

    PROCESSED ORDERS % of TOTAL SALES BEST BUSINESS % of TOTAL SALES 10000 40 9000 35 8000 30 7000 25 6000 Number of Orders % of Total Sales 5000 20 4000 15 3000 10 2000 5 1000 0 0 May June July August September October November December

  58. Slide 58:     & 1000 1500 2000 2500

        & 0 500 1000 1500 2000 2500

  59. Slide 59: Like for like sales increased by 25.7% for the full year

    ‹         600 ­  €‚ƒ€ „ ­€‚ 500 Turnover £,000 400 LIKE FOR LIKE SALES INCREASED BY 25.7% FOR THE FULL YEAR - Q4 26.6% 300 200 100 0 January February March April May June July August September October November December Figures shown calculated per working days

  60. Slide 60: Weekly sales

    £M 4.0 6.0 8.0 10.0 12.0 14.0 -4.0 -2.0 0 2.0 22/0 5/2020 05/06/2020 19/06/2020 03/07/2020 ‹ 17/07/2020 31/07/2020 14/08/2020 28/08/2020 11/09/ 2020 25/09/2020 09/10/2020 23/10/2020 06/11/2020 20/11/2020 04/12/2020 18/12/2020 08/01/2021 22/0 1/2021 05/02/2021 19/02/2021 05/03/2021 19/03/2021 31/03/2

  61. Slide 61: Encouraging sales development

    Šœ™‰œ™ “ ● ENCOURAGING SALES DEVELOPMENT ● SALES REVENUE ON TARGET TO ACHIEVE MEDIUM OBJECTIVES ● COMPREHENSIVE LOGISTICS INFRASTRUCTURE BEING ESTABLISHED ● SECURE RETURN ON INVESTMENT ● OPERATIONAL GEARING AND IMPROVED PROFITABILITY

Likewise Group — Investor Presentation (February 2023) on 6ix