LIKEWISE GROUP PLC (LIKE) — 2025 Pre Close update and 2026 Outlook

Investor webinar replay

Replay transcript excerpt

Good afternoon, ladies and gentlemen, and welcome to the LIKEWISE GROUP PLC 2025 Pre Close Update and Outlook for 2026 Presentation. Throughout today's recorded meeting, investors will be in listen only mode. Company may not be in a position to answer every question received during today's meeting. The company can review your questions submitted today, and we'll publish those responses where it's appropriate to do so. Before we begin, I would like to submit the following poll, and I'm sure the company would be grateful for your participation. I'd now like to hand over to CEO, Tony Brewer. Tony, good afternoon. Many thanks, Mark, and thanks, everybody, for joining this afternoon. You'll know that we had a pre close statement a couple of weeks ago which confirmed the top line numbers for 2025. But I think the key for this afternoon's meeting really is demonstrating, you know, we are building a very good business with strong foundations and an excellent team of people. And across those 12 distribution and logistics centers, we have been putting extra capacity in which I'll go through in the course of the presentation. Fantastic support from our suppliers in those key product areas of carpet, residential vinyl, laminate, luxury vinyl tile, artificial grass, underlayments, flooring accessories, and commercial products. And we've now extended the sales team to total a 102 people who are focused on looking after our customers, putting new point of sale into retail and contractors and generally developing the business. And to support that, we've increased the delivery fleet and that will total at least a 160 during the course of 2026. And throughout the businesses, we have excellent staff who understand and have been brought up in the flooring industry, and that's whether th...