LIKEWISE GROUP PLC (LIKE) — Final Results for the year ended 31 December 2024

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen. Welcome to the LIKEWISE PLC Investor Presentation. Simply type in your questions at any time and press send. The company may not be in a position to answer every question received during today's meeting. However, the company can review all questions submitted today and we'll publish those responses where it's appropriate to do so. Before we begin, we'd like to submit the following poll and I'm sure the company would be most grateful for your participation. It gives me great pleasure to hand over to CEO, Tony Pruitt. Good morning, Tony. Good morning. Thank you, Mark, and welcome, everybody, and thanks for joining this presentation. Just starting with the first slide, you see a pretty impressive truck and trailer there. We've had three of those delivered over the last three months, March, April and May, helping the capacity of the group, particularly on the night transfers. And then over and above that, we have, 32 new trucks coming into LIKEWISE during the course of the year. And including those which we had in the second half of last year, 20 new trucks into Vale. So significant investment to improve the fleet and the delivery service to our customers. So, as you know, I'm sure that, the business is focused on the product development, sales, marketing and distribution floor into independent retailers and flooring contractors. With the additional site that we acquired in January in Plymouth, we now have 12 distribution and logistics centers, and I'll demonstrate during the course of this presentation where we have additional capacity. We now have 87 key suppliers of general flooring products, which includes, of course, carpet, residential vinyl, laminate, luxury vinyl tile, artificial grass, commercial flooring, adhesives and leveli...