May 1 British kitchen supplier Howden Joinery
Group Plc reported an 11.2 percent rise in UK revenue
in the first 16 weeks of the year, helped by stronger consumer
spending and a recovery in the housing market.
Shares in the company rose 3.4 percent at 336.5 pence in
early trading on the London Stock Exchange on Thursday.
The company, which supplies kitchen units and joinery to
290,000 small builders, said that UK depot revenue - a
like-for-like number that compares the same number of depots -
increased 8.5 percent in the first 16 weeks of 2014.
Howden Joinery said it had opened six new depots in the UK
since the beginning of the year, taking its total in the country
to 565 depots. It plans to open another 30 new depots this year.
(Reporting by Aastha Agnihotri in Bangalore; Editing by Robin