The information presented relates to the 52 weeks to 28 December 2019 and the 52 weeks to 29 December 2018, unless otherwise stated.
We are pleased to report that 2019 saw further progress for Howdens. Sales increased by 4.8% compared to 2018, with an improvement in gross margin to 62.3%, from 61.7% in 2018.
Our sales growth, improvement in gross margin and focus on operating costs resulted in profit before tax increasing to £260.7m, from £238.5m in the prior year.
We have continued to invest where necessary to support our plans for the business, including:
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