Trading update

28 April 2022

Howden Joinery Group Plc (“Howdens” or “the Group”), the UK’s largest trade kitchen supplier, today announces a trading update for the first four periods of 2022 (16 weeks to 16 April 2022).

Current Trading

Howden Joinery UK increased revenue by 21.8% overall and by 20.1% on a same depot basis1, compared to the equivalent periods last year. Revenue growth reflected both increases in prices and volume. On a local currency basis, depot revenue in Continental Europe increased by 21.8% and by 24.2%2 on a same depot basis, compared to the equivalent periods last year.

Commenting on Howdens’ current trading Andrew Livingston, Chief Executive 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.”

Business developments

We are continuing to invest in our strategic initiatives. We plan to open around 25 new depots in the UK, 25 in France and 5 in the Republic of Ireland during 2022, in addition to refurbishing around 70 older UK depots. To date, two new UK depots and one new French depot have been opened and 17 older UK depots have been refurbished.

We are making good progress with new product introductions for 2022, including 20 new kitchens, and ongoing investment in expanding our manufacturing and supply chain capabilities. This includes the rollout of the regional cross-docking facilities (XDC) and warehousing capacity to support high levels of stock availability. Digital investments continue to support our customers and improve productivity.

Share buy back

To date, we have completed about £60 million of the £250 million share buy back programme announced on 24 February 2022.

Next scheduled announcement

The Group will release its Half Year results on 21 July 2022.


1 same depot basis for any year excludes depots opened in that year and the prior year.

2 excludes 5 French depots which were closed early in 2022.


For further information please contact


Howden Joinery Group Plc

Media Enquiries

Mark Fearon, Director of IR and Communications

Mobile: +44 (0)7711 875070

Nina Coad, David Litterick (Brunswick)

Tel: +44 (0) 207 404 5959

Forbes McNaughton, Company Secretary

Tel: +44 (0)207 535 1137



Note to editors:

1. About Howden Joinery Group Plc

Howdens is the UK’s No. 1 trade kitchen supplier. In the UK, it sells kitchens and joinery products to trade customers, primarily small local builders, through 778 depots. In 2021, the business generated revenues of around £2.1 billion and profit before tax of £390.3 million. Around one-third of the products it sells are manufactured in house at its factories in Runcorn, Cheshire, and Howden, East Yorkshire both of which recently achieved carbon neutral status. The business also operates a total of 40 depots in France and Belgium.

2. Provisional financial calendar


Annual General Meeting12 May 2022
Half Year Report21 July 2022
Trading update3 November 2022
End of the financial year24 December 2022

3. Cautionary statement

Certain statements in this announcement are forward-looking. Although the Group believes that the expectations reflected in these forward-looking statements are reasonable, we can give no assurance that these expectations will prove to have been correct. Because these statements contain risks and uncertainties, actual results may differ materially from those expressed or implied by these forward-looking statements. We undertake no obligation to update any forward-looking statements whether as a result of new information, future events or otherwise.

HOWDENS Making space more valuable

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.

People and Careers

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.

Financial Results

Download copies of the latest financial results for Howdens both past and present including the associated presentations and Interim Management Statements released between results announcements.


Howdens is a responsible business which was founded on the tenet that the Company should be worthwhile for all concerned, with a commitment to the people within its reach and the wider world. Here we provide the links to the framework that informs our decisions and outcomes.