Likewise Group (LON:LIKE) Releases Quarterly Earnings Results

Key Points

• Likewise Group reported quarterly EPS of GBX 0.36 on revenue of £163.10 million, with a net margin of 0.85% and return on equity of 3.35%, indicating slim profitability.
• The stock opened at GBX 24.35 with a market cap of £60.69 million and a price-to-earnings ratio of 45.94; the company has relatively high leverage (debt-to-equity 82.75) and tight liquidity (current ratio 1.03, quick ratio 0.67).
• Likewise is a UK distributor of residential and commercial flooring operating 12 distribution and logistics centres, serving over 7,000 customers and employing around 560 people.

Likewise Group (LON:LIKE - ) posted its quarterly earnings data on Tuesday. The company reported GBX 0.36 earnings per share (EPS) for the quarter, Digital Look Earnings reports. The business had revenue of £163.10 million during the quarter. Likewise Group had a return on equity of 3.35% and a net margin of 0.85%.

Likewise Group Price Performance

LON:LIKE opened at GBX 24.35 on Tuesday. The firm has a market capitalization of £60.69 million, a price-to-earnings ratio of 45.94 and a beta of 1.00. Likewise Group has a 1 year low of GBX 18.50 and a 1 year high of GBX 29.34. The business has a 50 day simple moving average of GBX 22.75 and a 200-day simple moving average of GBX 23.98. The company has a debt-to-equity ratio of 82.75, a current ratio of 1.03 and a quick ratio of 0.67.

About Likewise Group

Likewise is a distributor of Residential and Commercial Flooring to independent retailers and contractors via its twelve Distribution and Logistics Centres in Glasgow, Newcastle, Leeds, Manchester, Birmingham, Newbury, Sidcup, Sudbury, Erith, Derby, Newport and Plymouth. With the support of Manufacturing Partners across the Globe, an extensive product offering has been developed and with strong relationships with UK customers, In its formative five year journey, it has established a business with over 7,000 customers and currently employees c.560 employees.

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