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Howden Joinery Group PLC (HWDN.L)

HWDN.L on London Stock Exchange

470.60GBp
5:05am EDT
Change (% chg)

0.30 (+0.06%)
Prev Close
470.30
Open
469.00
Day's High
472.40
Day's Low
466.80
Volume
252,519
Avg. Vol
2,360,244
52-wk High
541.80
52-wk Low
398.30

Latest Key Developments (Source: Significant Developments)

Howden Joinery Says Andrew Livingston Succeeds Matthew Ingle As CEO
Tuesday, 3 Apr 2018 04:00am EDT 

April 3 (Reuters) - Howden Joinery Group PLC ::ANDREW LIVINGSTON HAS SUCCEEDED MATTHEW INGLE AS CHIEF EXECUTIVE OFFICER.  Full Article

Howden Joinery Says FY Sales Rose 7.4 Pct
Thursday, 1 Mar 2018 02:02am EST 

March 1 (Reuters) - Howden Joinery Group Plc ::FY SALES ROSE 7.4 PERCENT TO 1.4 BILLION STG.FY PRETAX PROFIT 232.2 MILLION STG VERSUS 237 MILLION STG YEAR AGO.FINAL DIVIDEND 7.5 PENCEPER SHARE.FY GROUP REVENUE 1,403.8 MILLION POUNDS VERSUS 1,307.3 MILLION POUNDS.FY ‍HOWDEN JOINERY UK DEPOT REVENUE INCREASED BY 7.1% TO £1,372.0M​.‍FY GROSS PROFIT MARGIN 63.3% VERSUS 64.2%​."HOWDEN JOINERY UK DEPOTS HAVE SEEN A CONTINUING GOOD SALES PERFORMANCE IN FIRST TWO PERIODS OF OUR NEW FINANCIAL YEAR".FY ‍PROFIT BEFORE TAX £232.2M VERSUS £237.0M ​.‍HOWDEN JOINERY UK DEPOT SALES IN FIRST TWO PERIODS OF 2018 INCREASED BY 12.5% ON SAME PERIOD LAST YEAR,​.‍GROUP BELIEVES THAT NUMBER OF DEPOTS IN UK CAN BE INCREASED FROM 661 OPERATING AT END OF 2017 TO UP TO 800 DEPOTS​."WE SEE ROBUST SALES PERFORMANCE OF SECOND HALF OF 2017 CONTINUING INTO 2018".‍DURING COURSE OF 2018, WE PLAN TO OPEN AROUND 30 DEPOTS IN UK​.  Full Article

Howden Joinery says remains on track to meet board's expectations for full year​
Thursday, 2 Nov 2017 03:00am EDT 

Nov 2 (Reuters) - Howden Joinery Group Plc :‍HOWDENS HAS SEEN A GOOD TRADING PERFORMANCE, INCLUDING DURING IMPORTANT OCTOBER TRADING PERIOD​.‍COMPANY REMAINS ON TRACK TO MEET BOARD'S EXPECTATIONS FOR FULL YEAR​.‍HOWDENS UK DEPOTS' TOTAL REVENUE FOR 12 JUNE 2017 TO 28 OCTOBER 2017​INCREASED BY 8.2% ON COMPARABLE PERIODS IN 2016.‍IN FIRST 44 WEEKS OF 2017, TOTAL REVENUE IN UK INCREASED BY 6.3% AND BY 4.4% ON A SAME DEPOT BASIS​.‍HOWDENS UK HAS OPENED FIVE NEW DEPOTS SINCE JULY 2017 HALF YEAR REPORT, RESULTING IN 16 NEW DEPOTS ADDED SO FAR THIS YEAR​.‍EXPECTS TO ADD AROUND 20 NEW DEPOTS IN UK IN 2017​.  Full Article

Howden Joinery's H1 revenue rises
Thursday, 20 Jul 2017 02:00am EDT 

July 20 (Reuters) - Howden Joinery Group Plc :H1 pretax profit 65.6 million stg versus 74.8 million stg year ago.Interim dividend 3.6 penceper share.Half-Year report.As expected during h1 2017, we saw currency movements and additional operating costs impacting our year-on-year profitability.Howden joinery uk depot revenue £539.5m (2016: £518.9m), an increase of 4.0% and 2.4% on a same depot basis.H1 group revenue was 553.0m million stg versus 528.9 million stg in h1 2016.H1 gross profit margin 64.1 percent versus 64.5 percent in h1 2016.Interim dividend of 3.6p pence per share versus 3.3 pence per share in h1 2016.11 new uk depots in 2017 bringing total to 653.H1 capital expenditure of £22.0m (2016: £28.0m) as part of three-year investment programme started in 2015.Howden joinery uk depot revenue increased by 6.5% in first four week period of second half of year (to 8 july 2017);.Overall expectations for full year are unchanged.H1 profit before tax 65.6 million stg versus 74.8 million stg in h1 2016.Continue to anticipate additional foreign exchange costs in 2017 of approximately £20m compared to 2016..Believe that current market conditions are stable although we remain watchful given economic uncertainties..  Full Article

Howden Joinery says on track to open 30 new depots in UK this yr
Thursday, 27 Apr 2017 02:24am EDT 

April 27 (Reuters) - Howden Joinery Group Plc ::Trading update for first four periods of 2017 (16 weeks to 15 april 2017).UK revenue increased by 3.9% overall and by 2.4% on a same depot basis compared to equivalent period last year.Performance so far this year is in line with our previous expectations.Believe current market conditions are stable, albeit remain watchful.On track with plans to open 30 new depots in UK during 2017.  Full Article

Howden Joinery FY pretax profit 237 mln stg
Thursday, 23 Feb 2017 02:35am EST 

Howden Joinery Group Plc : FY pretax profit 237 million stg versus 219.6 million stg year ago . FY revenue 1.307 billion stg versus 1.22 billion stg year ago . Final dividend 7.4 pence per share . Total dividend 10.7 pence per share . Says up to £80m expected to be returned to shareholders, through a share repurchase programme . Says looking at 2017, softer trading conditions seen in UK in second half of 2016 have continued into early part of this year . Says planning to open around 30 new depots in UK .Says outlook for business for 2017 remains unchanged.  Full Article

UPDATE 1-Kitchen supplier Howden Joinery's UK revenue rises on higher volumes

May 2 British kitchen supplier Howden Joinery Group Plc reported a strong start to the year on Wednesday as it sold more units and said it raised prices last month to mitigate cost pressures.