Like for like

From Wikipedia, the free encyclopedia

The term like for like (LFL) growth describes a net growth measure indicator that is adjusted of additional or desinvested businesses. This indicator is very important in all businesses that show a significant dynamic of expansations or buying-outs because to compare different growth figures is only reasonable of taking the same basis.

[edit] Example

Summarising the growth of a retailer the LFL growth means growth after to the stripping out of the effects of expansionand shop closures.[1]

[edit] Footnotes

  1. ^ Like-for-like
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