Howden Joinery Group (HWDN)

Sector:

Retailers

Index:

FTSE 100

668.00p
   
  • Change Today:
      1.20p
  • 52 Week High: 975.60p
  • 52 Week Low: 581.40p
  • Currency: UK Pounds
  • Shares Issued: 557.04m
  • Volume: 2,252,369
  • Market Cap: £3,721.00m

Howden Joinery revenues up 21.8% YTD

By Iain Gilbert

Date: Thursday 28 Apr 2022

LONDON (ShareCast) - (Sharecast News) - Kitchen supplier Howden Joinery said on Thursday that overall revenues had grown 21.8% year-on-year in the 16 weeks ended 16 April, while same depot revenues were up 20.1%, driven by increases in both prices and volume.
Howden's stated that on a local currency basis, depot revenue in Continental Europe increased by 21.8% and by 24.2% on a same depot basis, compared to the equivalent periods last year.

The FTSE 100-listed firm said it was continuing to invest in strategic initiatives and stated it plans to open roughly 25 new depots in the UK, 25 in France, and five in Ireland during 2022, in addition to refurbishing around 70 older UK sites.

Howden's also noted it had completed about £60.0m of a £250.0m share buyback programme announced in late February.

Chief executive Andrew Livingston said: "The group has traded well in the first four periods of 2022 and we continue to invest in our in-stock, trade-only, local business model. We are mindful that it is still early in the financial year and our second half includes our all-important peak trading period. In addition, given an uncertain macro-economic environment, including rising inflation and energy costs we are staying vigilant for any potential headwinds in our markets.

"However, we remain confident in our business model, and with the strong start to the year, the group remains on track with its outlook for 2022."

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HWDN Market Data

Currency UK Pounds
Share Price 668.00p
Change Today 1.20p
% Change 0.18 %
52 Week High 975.60p
52 Week Low 581.40p
Volume 2,252,369
Shares Issued 557.04m
Market Cap £3,721.00m

HWDN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
78.88% below the market average78.88% below the market average78.88% below the market average78.88% below the market average78.88% below the market average
86.67% below the sector average86.67% below the sector average86.67% below the sector average86.67% below the sector average86.67% below the sector average
Price Trend
6.54% below the market average6.54% below the market average6.54% below the market average6.54% below the market average6.54% below the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Income
13.56% above the market average13.56% above the market average13.56% above the market average13.56% above the market average13.56% above the market average
68% below the sector average68% below the sector average68% below the sector average68% below the sector average68% below the sector average
Growth
79.65% above the market average79.65% above the market average79.65% above the market average79.65% above the market average79.65% above the market average
63.27% above the sector average63.27% above the sector average63.27% above the sector average63.27% above the sector average63.27% above the sector average

What The Brokers Say

Strong Buy 10
Buy 0
Neutral 3
Sell 0
Strong Sell 0
Total 13
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

HWDN Dividends

  Latest Previous
  Interim Final
Ex-Div 13-Oct-22 04-Apr-22
Paid 18-Nov-22 20-May-22
Amount 4.75p 15.20p

Trades for 16-Aug-2022

Time Volume / Share Price
16:36 118,954 @ 668.35p
16:35 529,744 @ 668.00p
16:29 73 @ 669.80p
16:29 32 @ 669.80p
16:29 1 @ 669.80p

HWDN Key Personnel

CEO Andrew Livingston

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