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United Kingdom

Howden Joinery Group PLC (HWDN.L)

HWDN.L on London Stock Exchange

495.00GBp
19 Jul 2019
Change (% chg)

6.70 (+1.37%)
Prev Close
488.30
Open
489.30
Day's High
497.50
Day's Low
488.40
Volume
1,564,823
Avg. Vol
1,470,476
52-wk High
537.66
52-wk Low
412.40

Latest Key Developments (Source: Significant Developments)

Ameriprise Financial, Group Discloses 5.001% Stake In Howden Joinery
Wednesday, 3 Jul 2019 

July 3 (Reuters) - Ameriprise Financial Inc ::AMERIPRISE FINANCIAL, INC. AND ITS GROUP DISCLOSES 5.001% STAKE IN HOWDEN JOINERY GROUP PLC AS OF JUNE 28- FILING.  Full Article

Howden Joinery Group Reports FY Pretax Profit 238.5 Mln Stg Vs 232.2 Mln Stg
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - Howden Joinery Group PLC ::FY HOWDEN JOINERY UK DEPOTS REVENUE 1,477.3 MILLION STG VERSUS 1,372.0 MILLION STG REPORTED LAST YEAR.FY GROUP REVENUE 1,511.3 MILLION STG VERSUS 1,403.8 MILLION STG.FY PROFIT BEFORE TAX 238.5 MILLION STG VERSUS 232.2 MILLION STG.FY DIVIDEND PER SHARE 11.6P VERSUS 11.1P.FY GROSS PROFIT MARGIN 61.7 PERCENT VERSUS 63.3 PERCENT REPORTED LAST YEAR.HOWDEN JOINERY UK DEPOTS SALES IN FIRST TWO PERIODS OF NEW FINANCIAL YEAR (TO 23 FEBRUARY), INCREASED BY 4.0%.ADJUSTING FOR ONE FEWER TRADING DAY, SALES IN 2019 WOULD HAVE BEEN UP 5.1%.BELIEVES THAT THERE IS POTENTIAL FOR NUMBER OF DEPOTS IN UK TO BE INCREASED FROM 694 OPERATING AT END OF 2018, TO AROUND 850 DEPOTS.DURING COURSE OF 2019, WE PLAN TO OPEN AROUND 40 DEPOTS IN UK AND NORTHERN IRELAND AND AROUND FOUR IN PARIS REGION.EXPECT FURTHER OPERATING COSTS OF £15M IN 2019.2019 CAPITAL EXPENDITURE OF AROUND £60M IS EXPECTED.WE REMAIN CAUTIOUS GIVEN ECONOMIC UNCERTAINTIES, PARTICULARLY IMPACT THAT BREXIT MIGHT HAVE.IN PREPARATION FOR 'NO-DEAL' BREXI, STOCKING POLICY FOR AT-RISK ITEMS ADJUSTED TO SECURE CONTINUITY OF SUPPLY DURING TRANSITION.IN PREPARATION FOR A 'NO-DEAL' BREXIT AROUND £15M ADDITIONAL INVENTORY PURCHASED, KEY SUPPLIERS ALSO MAKING PLANS TO ENSURE SUPPLY.  Full Article

Howden Joinery Says Andrew Livingston Succeeds Matthew Ingle As CEO
Tuesday, 3 Apr 2018 

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 

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 

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

'Problems' with Howden Joinery pricing cause jump in European index: STOXX Ltd

LONDON A spike in the pan-European STOXX 600 and industrial goods and services indexes early on Wednesday was due to "problems with pricing data" for Howden Joinery shares, index provider STOXX Ltd said in an email to clients.