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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