Trading Update

27 April 2017

Howden Joinery Group Plc today announces a trading update for the first four periods of 2017 (16 weeks to 15 April 2017).


Howden Joinery UK revenue increased by 3.9% overall and by 2.4% on a same depot basis compared to the equivalent period last year.

While currency movements and additional expected operating costs will impact our profitability during H1 2017, these have been partially offset by sales initiatives implemented since Q4 2016. As a result, our performance so far this year is in line with our previous expectations.

We believe that current market conditions are stable, albeit we remain watchful.

Business developments

We are on track with our plans to open 30 new depots in the UK during 2017. Howden Joinery now trades from 650 depots in the UK, with 8 new depots opened so far this year.

The Group has acquired 2.04m shares in the year to date for a consideration of £8.9m, as part of a £80m share buyback programme announced in February 2017.

Next scheduled announcement

The Group will release its 2017 Half Yearly Report on 20 July 2017.


Paul Sharma
Head of Investor Relations
+ 44 (0) 20 7535 1164/+44 (0) 7585 992943
Maitland +44 (0)207 379 5151
Kate O'Neil/Tom Eckersley/Robbie Hynes


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Business Model and Strategy

Find out more about our business model and strategy, the markets in which we operate and our strategic approach to protect our unique business model and ensure that the business continues to grow.


As a familiar sight across towns and cities in the UK and Europe, our depots are always within easy reach, so a trade professional never has far to travel to find their nearest Howdens. Get to know more about how each one operates.


Our sustainable behaviour is at the heart of our business and enables us to reduce some of our risks. We take great pride in ensuring that our business positively impacts the world around us and the people within it.


We are passionate about supporting the local communities we operate in, which is why our depots and support staff actively seek ways to give something back. Whether it is running half marathons or sponsoring local Scout groups, discover the many ways we help good causes.


With around 80 kitchen ranges, our exclusive Lamona appliance brand, and thousands of products across joinery and hardware, learn why our builders have come to trust the range and quality of the products we offer.

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The Sunday Times named Howdens as one of the top 25 big companies to work for. Discover why Howdens is a great place to work, how we develop our people and reward them, whilst building a culture with an entrepreneurial spirit.

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